SINGAPORE, Feb. 25, 2020 /PRNewswire/ — Fenergo, the main supplier of digital transformation, buyer journey and shopper lifecycle administration (CLM) options for monetary establishments, at present introduced it has been awarded “Greatest KYC and Consumer Onboarding Resolution” by the Asian Non-public Banker Know-how Awards. This accolade is testomony to Fenergo’s highly effective know-how suite and skill to make sure compliance with rules referring to KYC and buyer onboarding for monetary establishments in APAC.
Fenergo is acknowledged for its end-to-end CLM regulatory onboarding and entity knowledge administration processes, which features a safe doc alternate channel that permits enter from shopper and inside stakeholders. This removes knowledge silos and centralizes required supplies, whereas lowering the variety of requests to the shopper. The proprietary clever rules-driven answer ensures compliance throughout a number of jurisdictions, and seamlessly integrates with a financial institution’s shopper relationship administration (CRM) system. Fenergo’s CLM answer allows establishments to onboard purchasers 82% quicker, enhancing the time to income whereas enhancing the general shopper expertise. With partnerships with Salesforce, Capgemini, PWC, Accenture, Refinitiv and plenty of extra, Fenergo has created a wholesome ecosystem to supply purchasers with the perfect companies and help accessible globally.
Fenergo’s presence in APAC has grown exponentially previously years with new purchasers equivalent to HSBC, Customary Chartered, Financial institution of China, ICBC, Macquarie, CBA and ANZ, and workplaces opening in Tokyo, Singapore, Hong Kong, Sydney and Melbourne.
“APAC monetary establishments are nonetheless grappling with the ever-increasing regulatory burden of complicated due diligence guidelines,” Greg Watson, Head of APAC, Fenergo. “To alleviate this, Fenergo’s CLM streamlines the gathering, centralization and sharing of shopper and counterparty knowledge and documentation throughout the establishment to assist onboard new purchasers quicker. This recognition is a testomony to Fenergo’s continued dedication to offering monetary establishments with progressive and finish to finish onboarding options. We’re honoured to be acknowledged by Asian Non-public Banker.”
The Asian Non-public Banker Know-how Awards are judged by their editorial staff, and recognise essentially the most profitable and highly effective know-how answer suppliers enabling digital transformation and enterprise course of change inside Asian non-public banks and wealth managers. The accolade marks one other honour for Fenergo, which has just lately been awarded for Greatest Resolution in Regulatory Change Administration by Regulation Asia, received the ASIA Fintech Exporter of the Yr by Deloitte and named class chief in Chartis Analysis RiskTech100® 2020 Report.
For extra details about Fenergo please confer with: https://www.fenergo.com/firm/contact-us.html
Fenergo is the digital enabler of shopper and regulatory know-how for monetary companies. It gives Consumer Lifecycle Administration (CLM) software program options for Monetary Establishments together with; Company & Institutional Banking, Business & Retail Banking, Asset Administration, Non-public Banking & Wealth Administration. Counting over 70 international Monetary Establishments as purchasers, its award-winning CLM suite digitally transforms how Monetary Establishments handle purchasers; from preliminary onboarding to KYC/AML and regulatory compliance, to knowledge administration and ongoing lifecycle KYC critiques and refreshes. Fenergo CLM empowers monetary establishments to ship a quicker, compliant and digital buyer expertise whereas reaching a single shopper view throughout channels, merchandise, enterprise strains and jurisdictions.