Tagged: clm

Fenergo Report: Investment Banks Address “Intensified” Regulatory Reform, Struggle to Match Compliance Staffing for KYC Reviews

US investment banks have less budget and workforce to devote to fighting financial crime and adhere to changing regulation, according to the 2023 KYC Banking Trends Report by Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management… Read More

Regtech Fenergo Examines Risks in US Fintech Payments Following FedNow Launch

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), released its study of emerging risks in the fintech payments sector since the launch of FedNow. Surveying high-level risk and compliance officers “across fintech payment companies, including… Read More

Wealth Dynamix, REGDATA to Create Tokenized Client Lifecycle Management Solution

Wealth Dynamix announces that they have partnered with REGDATA in order to create the fully tokenized Client Lifecycle Management (CLM) solution in the cloud.” You can now safeguard your most critical data in CLMi using the REGDATA Protection Suite (RPS). This data protection and privacy… Read More

Financial Institution Penalties Issued by US Regulators Reach $3B: Fenergo Report

Fenergo, the provider of digital solutions for client lifecycle management (CLM), released its annual findings on US-issued financial institution fines. The study, which analyzed year-over-year (YoY) penalties levied by US financial regulators, revealed “that the total value of penalties issued rose 151% YoY; that US… Read More

Regtech: Citco Group of Companies Selects Fenergo’s Platform for Onboarding, KYC

The Citco group of companies has moved to streamline the client onboarding and Know Your Customer (KYC) processes after agreeing to a deal with digital transformation business, Fenergo, “to integrate its client lifecycle management (CLM) platform across Citco.” Citco, which claims to be one of… Read More

Fenergo Report: Arduous Client Onboarding, KYC Costing Banks Millions

Financial institutions are spending millions of dollars every year inefficiently onboarding and maintaining clients, according to research from Fenergo, the provider of Know Your Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions. A global study of over 1,000 C-level executives across… Read More

Icertis Introduces Contract Intelligence Solution for Banking, Financial Services

Icertis, the contract intelligence company that pushes the boundaries of what’s possible with contract lifecycle management (CLM), recently announced the launch of Icertis Contract Intelligence (ICI) for Banking and Financial Services. The CLM solution is “packaged with out-of-the-box functionality that includes a range of contract… Read More

Dublin Regtech Fenergo Introduces ESG Offering to Support Regulatory Requirements

Fenergo, the provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), has launched a solution to “enable financial institutions to reduce regulatory and reputational risk and streamline operations for ESG compliance.” This allows firms to automatically “calculate climate, reputational and… Read More