About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

BNP Paribas Selects Fenergo for Compliance and Optimum Customer Experience

Subscribe to our newsletter

BNP Paribas has selected Fenergo’s client lifecycle management (CLM) solution as part of a global transformation project that aims to deliver a single view of clients across all jurisdictions and enable the bank to comply efficiently with local and global regulatory rules, and deliver optimum customer experience.

Bernard Gavgani, global head of CIB IT and operations at BNP Paribas says the bank chose Fenergo on the basis of its out-of-the-box CLM functionality and v8 technology that is a good fit with the bank’s modernised technology landscape.

The deal with BNP Paribas marks the sixth European client to be signed by Fenergo in the past six months. Fenergo CEO, Marc Murphy, says: “There are two key drivers behind Fenergo’s success to date – digital transformation and heightened regulatory compliance and scrutiny. Banks that would have traditionally favoured in-house built solutions are turning to Fenergo to help them comply with regulatory rules, while delivering a better customer experience.”

Fenergo introduced v8 in June 2017 as an easy-to-use and intuitive platform. The solution is built on React, the technology that underpins firms such as Netflix, Facebook and Instagram, and provides an improved user experience with more efficient orchestration, enhanced navigation and greater visibility across client cases. Advanced technology architecture delivers faster page load times and responsive design, enabling cross-browser and multi-device support, improved search engine outcomes, increased scalability and greater data integration capabilities.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Agentic AI Deployment Presents Potentially Dangerous Data ‘Trust Paradox’

Artificial intelligence deployment in capital markets’ data processes may be approaching an inflection point that, if not managed properly, could introduce dangerous risks to institutions’ operations. The growing deployment of anonymous agents has the potential to hardwire data errors into workflows, magnifying data weaknesses as the automating technology scales processes, according Informatica from Salesforce. The...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Applications of Reference Data to the Middle Office

Increasing volumes and the complexity of reference data in the post-crisis environment have left the middle office struggling to meet the requirements of the current market order. Middle office functions must therefore be robust enough to be able to deal with the spectre of globalisation, an increase in the use of esoteric security types and...