Awarded for the third consecutive year
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, has been awarded Best KYC Software for Client Onboarding at the A-Team Group’s RegTech Insight Awards 2020.
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The award recognizes Fenergo’s Client Lifecycle Management (CLM) solution for its ability to streamline evolving Know your Customer (KYC) and Anti-Money Laundering (AML) regulatory processes, digitalize and accelerate client onboarding while optimizing client experiences. In response to the current market conditions, Fenergo recently launched its cloud-based Remote Account Opening solution that can be quickly deployed to allow banks to digitally onboard new customers while satisfying KYC and AML regulatory requirements. Fenergo’s solution crucially enables banks to reduce the time to onboard and rapidly process small business loan applications.
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Andrew Delaney, Editor in Chief, A-Team Group, said “Our awards are voted for by our readership of over 20,000 senior technology officers and data specialists and are overseen by an independent advisory board. We are delighted that our cross-platform readership clearly rates Fenergo as the Best KYC Software for Client Onboarding in a very competitive field. We congratulate them on their prestigious RegTech Insight Award win”.
“Fenergo is well placed to help financial institutions solve any regulatory and digital transformation challenge they may face. Now more than ever a digital-first strategy that enables a seamless user experience will be crucial to establishing and maintaining relationships with clients. We will also see a clear shift in the industry towards digital solutions that enable financial institutions to better detect and prevent financial crime,” said Conor Coughlan, Chief Marketing Officer at Fenergo.
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