RegTech Insight Blogs The latest content from across the platform
Fenergo Offers Client Onboarding Efficiencies with API-based Digital Client Orchestration
Fenergo continues to innovate with Digital Client Orchestration, a suite of customer lifecycle management (CLM) tools the company claims can enable efficiencies of up to 82% in client onboarding. The solution uses APIs to allow Fenergo functionality to be plugged into any front, middle or back office system including customer relationship management applications, such as…
Banks will be Kicking Themselves if They Don’t Start CSDR Preparations Now
By Kerril Burke, CEO of Meritsoft (a Cognizant company). Football is by no means the only industry where the word ‘penalties’ puts fear and panic into those involved. As football players prepare for the difficulties that penalty shootouts throw up in the latter stages of the UEFA Champions League, the banking sector also finds itself…
Fenergo Partners Refinitiv for World-Check One KYC Data
Fenergo has connected its client lifecycle management (CLM) solution to Refinitiv’s World-Check One Know Your Customer (KYC) data through an application programme interface (API) integration. The partnership will enable financial institutions to streamline their KYC verification processes and anti-money laundering (AML) screening, and identify risk more efficiently. According to a recent Fenergo survey, 81% of…
Liquidnet Plans to Further AI Strategy Following RSRCHXchange Acquisition
In mid-May, Liquidnet, a global institutional investment network, acquired RSRCHXchange, a marketplace and aggregator for institutional research that was originally launched in 2015. The acquisition enables the Liquidnet platform to deliver a new level of research and analytics into the global investment process for its institutional investor client base. In line with Liquidnet’s FinTech strategy,…
Effective Surveillance Can Only be Achieved with Communications Coupled with Market Data Analysis
By Ofir Shabtai, CTO and Co-Founder of Shield FC. Whilst enterprise software applications have proven effective at flagging up possible noncompliance events, once an exchange is flagged, it is largely down to the compliance team to follow through with the necessary investigation directly. With the considerable challenges of monitoring modern data-driven financial markets, it’s essential…
How to Meet the Data Rules and Requirements of Fundamental Review of the Trading Book Regulation
Implementation of Fundamental Review of the Trading Book (FRTB) regulation is complex, demanding and time consuming, but can be achieved by setting priorities, working with external data vendors, and taking best practice approaches to the data management challenges presented by the regulation. A well-attended A-Team Group briefing hosted at the Glaziers Hall in London, Meeting…
Fenergo Finds Outdated Technology Preventing Investment in Disruptive Technologies
Fenergo has published the final installment of its three-part Client Lifecycle Management Trends Report – Disrupt the Disrupters and the findings are rather gloomy in an industry that needs to drive towards digitalisation to sustain success. According to the research, 20% of C-suite executives in banks say the lack of maturity of their technology infrastructure…
How Process Mapping is the Starting Point for Effective KYC Automated Solutions
By Oliver Parris, Pre-Sales Consultant, encompass corporation. Your business knows that process automation will give you a strategic advantage but how do you begin to create this vision? How is all the detail of your complex Know Your Customer (KYC) process accurately captured in order to form a foundation for the journey towards automation? What…
IHS Markit Releases Accelerator with End Goal of Same-day Client Onboarding
IHS Markit has released Onboarding Accelerator, a solution to help banks and other service providers open accounts with institutional clients more quickly and ultimately in one day. The company says that, on average, the onboarding process including collection of all required information to satisfy Know Your Customer (KYC), Anti-Money Laundering (AML), credit, legal and tax…
Fenergo Builds National KYC Utility with Bahrain’s Electronic Network for Financial Transactions
The Kingdom of Bahrain has set out to improve financial institutions’ client onboarding and minimise fraud through a partnership with Fenergo. Bahrain’s Electronic Network for Financial Transactions (BENEFIT) is working with the vendor to design and implement a national Know Your Customer (KYC) utility that incorporates blockchain technology. The utility platform will support sectors including…