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Waystone Deploys Fenergo to Transform Client Experience

Published Date

3 December 2025 – LONDON / NEW YORK – Fenergo, the leading provider of AI-powered solutions for-know your customer-(KYC),-anti-money laundering-(AML), and-client lifecycle management-(CLM), today announced asset management service provider Waystone has implemented its technology to enhance client service.  

By deploying Fenergo’s AI-powered CLM and KYC solutions, Waystone has transformed the way its clients engage with its AML and know your asset (KYA) services. Waystone is a leading provider of institutional governance, administration, risk and compliance services to the asset management industry. 

Through its ‘AML Centre of Excellence’, Waystone undertakes a full suite of services, including investor AML, client AML reviews, sanctions screening, and KYA services, all delivered through a centralised model. This approach provides a single view of client risk assessments, driving greater efficiency, reduced duplication and a consistent global standard.  

By combining deep regulatory expertise with advanced technology, Waystone helps clients strengthen compliance frameworks, reduce risk exposure, and gain full transparency through clear audit trails and reporting. The partnership with Fenergo forms part of the company’s broader digital transformation initiative, aimed at supporting continued alignment with evolving global regulatory standards and modernising the user experience. 

Waystone is now able to provide sophisticated and fully auditable AML reports to clients on a regular basis. Greater automation, workflow management, and tracking provided by Fenergo’s platform also boosts Waystone’s operational efficiency, enabling the company to deliver clients faster and more cost-effective services while upholding the highest standards of compliance and risk management. 

Sanjiv Sawhney, Group CEO, Waystone, said:

“Given the evolving regulatory environment and the need to provide an intuitive, digitised experience for our global client base, ensuring our AML and KYA services are as refined as possible has been a key strategic priority. Fenergo’s market-leading CLM solution stood out as the best fit for our business, and we are excited to support our clients with best-in-class technology that supports greater efficiency and transparency in a dynamic market environment.” 

Ruth Ormsby, EMEA Managing Director, Fenergo, added:

“With the investment fund industry facing increasingly diverse regulatory expectations across jurisdictions, we’re seeing unprecedented appetite for our services. By adopting a more intelligent, data-driven approach to AML and KYC, Waystone is enhancing its ability to support clients globally with greater speed, confidence and efficiency.”