Chartis Recognizes Fenergo as Category Leader in 2024 AML Transaction Monitoring Solutions Quadrant®

18th December  2024 - Dublin - Fenergo, the leading provider of digital solutions for Know Your Customer (KYC), anti-money laundering (AML) Transaction Monitoring and Client Lifecycle Management (CLM) announces today that it has been recognized as the Category Leader for Completeness of Offering in the 2024 Chartis AML Transaction Monitoring Quadrant®.  

Fenergo received Best-in-Class ratings for capabilities including data and systems integration, modeling and risk typology, and platform and case management. It was accredited Industry-Leading ratings for speed and volume and workflow automation.   

Nick Vitchev, Research Director at Chartis, commented:  

“Fenergo’s category leader placing in our Quadrant reflects its alignment with firms’ requirements in an increasingly complex transaction monitoring marketplace, with robust workflow management that’s vital to delivering efficiency and effectiveness across the AML workflow,”  

“In addition, the breadth and depth of Fenergo’s data integrations enable it to enrich AML transactional data with a broad set of risk signals, while its strength in modeling enables the customization and flexibility that is crucial for the range of use cases it covers.” 

Fenergo obtained its leading position in the Quadrant following detailed analysis of the market by Chartis to explain to buyers which solutions are best according to their implementation strategies. The Quadrant® employs a comprehensive methodology of in-depth independent research and a clear scoring system to explain which technology solutions meets an organization's needs. 

For more information on Fenergo’s Transaction Monitoring click here or to request a demo contact us at hello@fenergo.com