The world’s first digital trade finance bank, Anglo-Gulf Trade Bank (AGTB), based in the UAE, has chosen Fenergo to deploy its CLM platform.
Fenergo will enable AGTB to meet its strategic objective to disrupt the trade finance market with a cloud-based, digital-first and client-centric model leveraging emerging technologies such as data analytics and API connectivity.
AGTB aims to address the gap in the trade finance market by becoming the first digital bank servicing the sector. Fenergo’s API-first CLM solutions will provide AGTB with a single client view across all departments, jurisdictions and products, while expediating Know Your Customer (KYC) and Anti Money Laundering (AML) processes and time to revenue.
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