Fenergo Implementation at a Multinational Energy Company

A large energy trading firm was facing efficiency challenges from manual counterparty review processes.

Streamline counterparty review processes through digital transformation

Discover the industry-shifting digital transformation project Fenergo has delivered to one of Europe’s largest energy supply and trading companies.

A large energy trading firm was facing efficiency challenges from manual counterparty review processes. The firm overcame these challenges with Fenergo’s digital end-to-end solution for counterparty lifecycle management (CLM).

This case study highlights the difficulties faced by energy and commodities trading firms initiating and reviewing relationships with a wide range of counterparties. This firm was hampered by manual processes causing inefficiencies at every stage of the counterparty lifecycle. Know Your Counterparty (KYC) reviews in particular were proving overwhelming for the compliance team, due to a lack of digitalisation.

By implementing Fenergo, the firm is now equipped with the facility to manage journeys for counterparties across multiple jurisdictions in a digital manner that is superior to its previous manual approach.

Read this case study to learn how its partnership with Fenergo has enabled this firm to: