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Fenergo has won three award categories for the second year running in the RiskTech100® including OpsTech: Onboarding, Client Lifecycle Management (CLM) and Know Your Customer (KYC).
In the eight years since Fenergo first appeared in the industry renowned ranking of global risk technology providers it has risen 41 positions to number 29 in 2022.
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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