11th December 2019– Fenergo, the leader in digital Client Lifecycle Management (CLM) solutions, has been awarded Best Know Your Customer (KYC) and Client On-boarding Solution at the 2019 Data Management Insight Awards. The award follows a long line of wins for Fenergo in 2019 including the Deloitte Financial Services Innovation Award, the Chartis RiskTech100 award for Best CLM and KYC Solution, Regulation Asia Award for Best Solution for Regulatory Change Management, and the WealthBriefing MENA Award for Best Onboarding Solution, amongst others.
The award recognises Fenergo for its track record in digitally transforming and automating KYC processes, streamlining client onboarding and accelerating time to revenue within capital markets.
Angela Wilbraham, CEO of A-Team Group, said:
“Congratulations to Fenergo on their success as the Best KYC and Client On-Boarding Solution for 2019, as rated by our cross-platform readership of over 20,000 senior technology officers and data specialists. In a highly competitive marketplace this prestigious award represents an admirable achievement”.
Conor Coughlan, Chief Marketing Officer, Fenergo, said:
“With financial crime on the rise financial institutions are under increasing pressure to comply with evolving regulation while meeting expectations to provide a digital, streamline client experience. Yet a lack of transparency, poor data management and manual processes makes KYC and anti-money laundering (AML) compliance increasingly challenging, driving customers away as a result. Fenergo is committed to developing innovative and market leading solutions that not only address these challenges but future-proof financial institutions from changing regulation in the fight against financial crime. We are thrilled to be recognised by the A-Team Group’s Data Management Insights Awards and others as the market leader for CLM and KYC.”