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

Aztec Group Adds Fenergo CLM to Technology Stack on Route to Digital Transformation

Subscribe to our newsletter

Aztec Group, a specialist in alternative asset classes, has selected Fenergo’s cloud-native Software-as-a-Service (SaaS) client lifecycle management (CLM) to digitalise client and investor journeys. The solution will replace legacy systems and existing processes for client onboarding and compliance, enabling Aztec Group to onboard investors faster while improving the user, client and investor experience.

The company will use Fenergo’s AWS-powered multi-tenant SaaS CLM solution across its offices in the Channel Islands, Europe and the US to digitalise and streamline onboarding and due diligence processes for anti-money laundering (AML), KYC and regulatory compliance.

The solution will be rolled out in a phased programme building up to full functionality over the course of 2022.

Charlotte Light, chief technology officer at Aztec Group, says: “Aztec Group is pursuing an ambitious strategy in which technology plays a key role both operationally and for our clients. We’re looking forward to working with Fenergo. We saw an opportunity to overhaul our onboarding, due diligence and lifecycle management processes, using technology to shoulder the burden of administration and remove some of the effort needed from both our teams and our clients. As a result, we’re able to provide a much smoother onboarding experience and spend more time on value-adding interactions, rather than administrative tasks. ”

Fenergo’s SaaS CLM is a fully managed, multi-tenant, API-first platform that Aztec Group will use to digitalise the lifecycle process from onboarding to offboarding, while giving clients and investors self-service capability to upload data and documentation themselves through an easy-to-use portal.

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

SEC and CFTC Recalibrate Private Fund Reporting for Systemic Risk Oversight

The SEC and CFTC have proposed a substantial reset of Form PF, raising reporting thresholds and streamlining requirements for private fund advisers while preserving supervisory access to data on the largest and most systemically relevant managers. The proposed rule would lift the general filing threshold from $150 million to $1 billion in private fund assets...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The Global LEI System – Slow but Sure

After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...