Newsroom

Asset Managers Face an Efficiency Gap with 74% of Firms Losing an Investor Due to Delayed and Inefficient Investor Onboarding

Asset management firms cite poor data quality, lack of onboarding automation, and inefficient KYC workflows as top factors preventing accurate views of investors and portfolios.

Boerse Stuttgart Digital partners with Fenergo to scale regulatory compliant crypto solutions across Europe

Fenergo Expands into the Energy and Commodities Sectors, Bringing Intelligent KYC and Onboarding Solutions to New Markets

Already partnering with some of the world’s largest oil and gas, and commodities companies, Fenergo delivers solutions to meet the industry’s complex onboarding & compliance challenges

Fenergo Wins Three Coveted Awards in Chartis RiskTech100®

Share of Banks Losing Clients to Poor KYC Practices Surges to Record High

The number of global banks losing clients to slow and inefficient know your customer (KYC) onboarding practices has surged to a record high this year, according to new research from Fenergo

Chartis Recognizes Fenergo as Category Leader for KYC in 5th Consecutive Year

Fenergo recognized as the Category Leader for Completeness of Offering in the 2024 Chartis RiskTech Quadrant® for KYC Solutions.

Fenergo Appoints Renowned Financial Crime Partner Michael Shepard to Advisory Board

A seasoned expert with nearly four decades of experience, Shepard has served as a former Deloitte Financial Crime leader, bank executive and U.S. Department of Justice prosecutor.

Fenergo Awarded for AI-Driven Customer Onboarding in Chartis RiskTech AI 50

Fenergo announces that it has received an award for AI-Enabled Customer Onboarding by Chartis Research in its inaugural RiskTech AI 50 report.

Landesbank Baden-Württemberg (LBBW) selects Fenergo for International Business

Fenergo will support LBBW's business in Europe (excluding Germany), the United Kingdom and Asia and thus around 1,500 institutional and corporate customers.

Fenergo Awarded Prestigious Gold Medal from EcoVadis for Sustainability Performance

Coveted Gold recognition awarded for outstanding Corporate Social Responsibility (CSR) and sustainable business practices

Regulatory penalties for global financial institutions surge 31% in H1 2024

Half-year annual findings on global financial institution enforcement actions reveal a 31% surge in the value of fines issued in H1 2024 compared to H1 2023.

Fenergo and Deloitte join forces to deliver greater efficiency through CLM

The alliance responds to increasing demand for optimised digital client onboarding and the need to drive efficiency across KYC and AML operations.

PROVEN Bank deploys Fenergo’s transaction monitoring to bolster its AML compliance

Caribbean-based PROVEN Bank is deploying Fenergo’s transaction monitoring solution to streamline its anti-money laundering (AML) compliance processes.

Commercial banks tackle an evolving KYC landscape and streamlining operational risks, revealing technology automation gaps

Fenergo analysis reveals only 17% of commercial banks employ fully automated workflows for credit decisioning

Fenergo Leads in Compliance Management for Second Year Running in 2024 IBSi Sales League Table

This is the second year in a row that Fenergo has appeared in the IBSi Leadership Club in the Compliance Management category, due to continued strong sales performance in 2023.

The largest bank in UAE, First Abu Dhabi Bank (FAB), bolsters CLM operations with Fenergo

First Abu Dhabi Bank (FAB) the largest bank in the United Arab Emirates (UAE), has integrated Fenergo’s software-as-a-solution (SaaS) CLM solution.

Vistra collaborates with Fenergo to deliver frictionless onboarding for clients

Fenergo and NS Solutions Partner to Support Japanese Financial Institutions in Meeting Increased Regulatory Requirements

Including Financial Action Task Force (FATF), Japan Financial Service Authority (JFSA) and Japan Financial Intelligence Center (JAFIC) requirements.

Fenergo launches AI Powered CLM to supercharge efficiency gains amid intensifying regulation and cost challenges

Powerful AI introduces advanced capabilities to Fenergo’s CLM driving unprecedented efficiencies in onboarding, client and counterparty management and regulatory compliance

Fenergo drives EMEA expansion with new senior hire