Fenergo has won the OpsTech: Onboarding award category for the first time as well as the Client Lifecycle Management (CLM) and Know Your Customer (KYC) categories for the second consecutive year.
This is the seventh year Fenergo has featured in the report, rising 37 positions to number 33 in the 2021 report of global risk technology providers.
The report by Chartis Research follows a rigorous evaluation of 100 vendors and provides Financial Institutions with a valuable assessment and benchmarking tool. Providers are evaluated and ranked based on product functionality, strategy, core technology, innovation, customer satisfaction and market presence.
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We selected Fenergo’s Client Lifecycle Management software to enable us to manage the CDD / KYC processes from client onboarding to client off-boarding and all the KYC / CDD compliance and lifecycle events (periodic and event-driven reviews) that occur in between. A core part of our business transformation program will involve creating an internal centralized KYC target operating model that will help us to simultaneously improve the client experience and reduce the cost impact of the regulatory KYC activities. Fenergo is the technology platform that will underpin this initiative.
Bank-wide responsibility for CDD, client master administration and regulations, ABN AMRO
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