Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-Money Laundering (AML) and Client Lifecycle Management (CLM), announced that it has partnered with Aduro Advisors, LLC, a US-based fund administrator serving venture capital and private equity firms.
This collaboration reinforces Aduro’s commitment to effective solutions, ensuring its clients stay ahead of “new and evolving regulatory requirements, including the final FinCEN AML rule set to take effect on January 1, 2026.”
Aduro, which has grown its total assets under administration (AUA) by over 150% since 2020, continues to set the “standard” for fund administration.
Recognizing the increasing regulatory obligations for investment advisors, who will now be classified as financial institutions under the new FinCEN rule, Aduro selected Fenergo “for its specialized, AI-powered, and scalable transaction monitoring and KYC capabilities.”
This partnership is another component of Aduro’s broader strategy to integrate “technology that enhances efficiency while maintaining the highest operational and client service standards.”
Braughm Ricke, Founder and CEO of Aduro Advisors, said:
“FinCEN’s final rule is a big shift for fund managers. This is not something they’ve had to deal with before. At Aduro, we make sure our clients are always prepared, no matter what’s ahead. As the industry evolves, partnering with Fenergo was the obvious choice. Their automated solution helps us proactively mitigate complexity and risk for our clients, so they can remain focused on their core strength: investing.”
Fenergo brings regulatory expertise, helping Aduro stay “ahead of evolving compliance requirements across 120 jurisdictions.”
Its automated workflows incorporated with AI streamline and “accelerate onboarding, screening, risk assessment, and documentation management, reducing manual effort and boosting productivity while ensuring accuracy.”
Its transaction monitoring solution enables effective, data-driven continuous monitoring that “reduces false positives and optimizes AML processes.”
With integration capabilities, Fenergo enables Aduro to “focus on growth while staying operationally efficient, compliant, and prepared for future regulatory shifts.”
Chris Zingo, Chief Revenue Officer, Fenergo, added,
“We’re excited to announce the addition of Aduro into our Global Asset Services community of clients. Their commitment to innovation and client service aligns with our mission to provide seamless, future-ready CLM solutions. Collectively, we will expand our capabilities to help our respective clients overcome regulatory hurdles while eliminating friction from the client and investor experience. We look forward to supporting Aduro and its clients as they navigate these new requirements with confidence, efficiency, and minimal disruption while staying ahead of future regulatory developments.”