Fenergo KYC is flexible, configurable and scalable, with no-code configuration and API-first connectivity, giving you the power to scale at speed and easily adapt to changing regulations.
5 ways Fenergo KYC helps financial institutions:
- Reduce Risk & Manage Compliance: Future-proof compliance with Fenergo’s risk-based approach to KYC. Ensure ongoing compliance with local and global KYC regulations through a continuous risk monitoring process that is integrated with market-leading data and screening providers.
- Increase Operational Efficiencies: Streamline the KYC process by replacing manual, error-prone tasks with automation and straight-through processing. Increased automation reduces the manual rekeying of data, improving data accuracy and reducing both operational costs and the workload of operational teams.
- Reduce Total Cost of Ownership: Delivered as a SaaS solution, Fenergo reduces the costs of managing and maintaining technology infrastructure and “cost to change” budget, reducing application, support and configuration costs.
- Transform Client Experience: Digitally transform the client experience through the automation of KYC data collection, resulting in significantly less touchpoints. A reduction in system hand-offs and duplication of data means teams are more organized around completing high value work tailored to the client’s needs.
- Unlock Revenue Potential: Applying a risk-based approach to KYC compliance and having a clear view of the risk profile across the client portfolio will help identify opportunities for growth amongst new and existing clients.