Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions today announces that it has won the Best KYC & Client On-Boarding Solution award category at the 2020 Data Management Insight Awards, by A-Team Group. This is the fourth consecutive year that Fenergo has won the accolade.
The award recognises Fenergo for its track record in delivering transformative solutions that enable financial institutions to automate KYC processes, enhance client experience and reduce the cost of evolving compliance within capital markets.
Angela Wilbraham, CEO of the A-Team Group, who hosted the Data Management Insight Awards 2020, commented “Our awards recognise leading providers of data management solutions, services and consultancy to capital markets and Fenergo has proven themselves to be worthy winners of this prestigious title. We congratulate Fenergo winning the Best KYC & Client On-Boarding Solution in recognition for the continuing excellence in the data management space.
Commenting on the win, Conor Coughlan, Chief Marketing Officer at Fenergo said: “Being recognized by leading publications like Data Management Insights has enabled us to successfully position as a trusted partner to the more than 80 global leading financial institutions who are now our clients. With financial crime on the rise, financial institutions need a software solution that will enable them to better detect and prevent financial crime and Fenergo is committed to meet these demands.”
The award follows a long line of wins for Fenergo in 2020 including the RiskTech100 awards for Best Onboarding, CLM and KYC Solutions, the Technology Ireland Company of the Year Award, and an xCelent award for Breadth of Functionality, among others.
Fenergo is the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions. Its software digitally transforms and streamlines end-to-end CLM processes - from regulatory onboarding, data integration, client and counterparty data management, client lifecycle reviews and remediation, all the way to client offboarding. Fenergo is recognised for its in-depth financial services and regulatory expertise, community-based approach to product development and out-of-the-box rules engine which ensures financial institutions are future-proofed against evolving Know Your Customer (KYC), Anti-Money-Laundering (AML), tax and OTC derivatives-based regulations across 100 jurisdictions. Fenergo recently expanded into new markets including asset and wealth management, private, retail, business and commercial banking and has over 80 global clients.