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Northern Trust Digitizes Onboarding for Investors in Capital Funds

Northern Trust and Fenergo announced their partnership in May of 2022 to enhance the investor onboarding journey in private capital funds. The collaboration aims to digitize and streamline onboarding journeys and due diligence processes for anti-money laundering (AML) requirements such as Know Your Customer (KYC).  

Clive Bellows, head of Global Fund Services, EMEA, at Northern Trust, said:

“Northern Trust will deploy Fenergo’s technology in tandem with the expertise of our servicing teams to onboard investors faster through an efficient digital portal. The development will support clients and investors throughout the lifecycle, including continuous risk assessment of investor data, periodic reviews, as well as offboarding. Moreover, the reduction in manual document flow will enable our teams to focus on more value-added activities on behalf of our clients and further enhance our information security protocols."

In this video, Clive Bellows, Head of Global Fund Services, EMEA, at Northern Trust talks about how Fenergo’s Client Lifecycle Management solution streamlines client onboarding while improving operational efficiencies and client experiences. 

Clive also describes: 

  • Northern Trust’s digital innovation programme to support private capital fund managers and their underlying investors 
  • How the deployment of Fenergo’s Client Lifecycle Management (CLM) benefits the private capital funds managers and their underlying investors 
  • How their technology partnership with Fenergo benefits Northern Trust from an operational perspective