Aduro Advisors Partner with Fenergo to Deliver Seamless AML and KYC Compliance Ahead of New FinCEN Regulations

Strategic partnership empowers fund managers and financial teams to navigate regulatory change with scalable, future-ready compliance solutions   

NEW YORK, March 25th, 2025 – Fenergo, the leading provider of AI-powered solutions for Know Your Customer (KYC), Anti-Money Laundering (AML) and Client Lifecycle Management (CLM), announced today that it has partnered with Aduro Advisors, LLC (“Aduro”), a premier US-based fund administrator serving venture capital and private equity firms. This collaboration reinforces Aduro’s commitment to best-in-class solutions, ensuring its clients stay ahead of new and evolving regulatory requirements, including the final FinCEN AML rule set to take effect on January 1, 2026. 
 
Aduro, which has grown its total assets under administration (AUA) by over 150% since 2020, continues to set the standard for excellence in fund administration. Recognizing the increasing regulatory obligations for investment advisors, who will now be classified as financial institutions under the new FinCEN rule, Aduro selected Fenergo for its specialized, AI-powered, and scalable transaction monitoring and KYC capabilities. This partnership is another key component of Aduro’s broader strategy to integrate cutting-edge technology that enhances efficiency while maintaining the highest operational and client service standards. 

Braughm Ricke, Founder and CEO of Aduro Advisors, said:

“FinCEN’s final rule is a big shift for fund managers. This is not something they’ve had to deal with before. At Aduro, we make sure our clients are always prepared, no matter what’s ahead. As the industry evolves, partnering with Fenergo was the obvious choice. Their automated solution helps us proactively mitigate complexity and risk for our clients, so they can remain focused on their core strength: investing.” 

Fenergo brings deep regulatory expertise, helping Aduro stay ahead of evolving compliance requirements across 120 jurisdictions. Its automated workflows incorporated with AI streamline and accelerate onboarding, screening, risk assessment, and documentation management, reducing manual effort and boosting productivity while ensuring accuracy. Its transaction monitoring solution enables effective, data-driven continuous monitoring that reduces false positives and optimizes AML processes. With seamless integration capabilities, Fenergo enables Aduro to focus on growth while staying operationally efficient, compliant, and prepared for future regulatory shifts. 
 
Chris Zingo, Chief Revenue Officer, Fenergo, added,

“We’re excited to announce the addition of Aduro into our Global Asset Services community of clients. Their commitment to innovation and client service aligns with our mission to provide seamless, future-ready CLM solutions. Collectively, we will expand our capabilities to help our respective clients overcome regulatory hurdles while eliminating friction from the client and investor experience. We look forward to supporting Aduro and its clients as they navigate these new requirements with confidence, efficiency, and minimal disruption while staying ahead of future regulatory developments.” 

Aduro Advisors: 

Aduro Advisors, LLC is the premier fund administrator for venture capital and private equity firms. Our service-first, tech-forward approach helps clients navigate operations with ease while building durable businesses. Over 600+ firms rely on Aduro to manage thousands of funds representing more than $131B in assets under administration. Aduro’s customized solutions, highly experienced professionals and purpose-built platform, FundPanel.io, elevate operations so clients can focus on what they do best: investing. To learn more, visit www.aduroadvisors.com. 

About Fenergo: 

Fenergo is the leading provider of AI-powered Client Lifecycle Management (CLM) solutions that digitally transform how financial institutions, asset management and fintech firms and corporates onboard and manage clients throughout their client lifecycle. Its software digitally orchestrates every client journey from initial Know your Customer (KYC) and client onboarding, automating regulatory compliance and enabling continuous monitoring throughout the client lifecycle (transaction monitoring, perpetual KYC), all the way to client offboarding. Fenergo is recognized for its in-depth financial services and regulatory expertise and out-of-the-box rules engine which ensures financial institutions are future-proofed against evolving Environmental, Social and Governance (ESG), KYC, Anti-Money-Laundering (AML), tax and prudential regulations across 120+ jurisdictions.   

For further information about Fenergo, please visit: www.fenergo.com