Financial institutions are spending more time, effort and money than is strictly necessary to manage regulatory data and documentation in compliance with a range of regulatory frameworks throughout the client lifecycle.

The main reason for this is that banks’ operational and technological set-up doesn’t permit them to achieve true operational and processing efficiencies. Throughout the client lifecycle journey, there are a multitude of specialist providers of data for nearly every stage of the process, delivering different data requirements for the same legal entity

In this paper Joe Dunphy, VP of Product Management at fenergo explores how Financial Institutions are spending more time, effort and money than is strictly necessary to manage regulatory data and documentation in compliance with a range of regulatory frameworks throughout the client lifecycle.

Fenergo suggests how data and technology integration is the key to keeping pace with regulatory demands and supporting the end-to-end management of the client lifecycle process.