A new collaboration between Fenergo and PwC aims to help financial institutions streamline financial crime compliance, improve operational efficiency, and navigate evolving regulatory demands. By combining PwC’s expertise in financial crime and regulatory compliance with Fenergo’s AI-driven client lifecycle management (CLM) and Know Your Customer (KYC) technology, the partnership is set to accelerate digital transformation in the sector.
Financial institutions face increasing pressure to enhance financial crime risk management while maintaining efficiency. The partnership integrates Fenergo’s AI-powered CLM solutions with PwC’s advisory and implementation capabilities, supporting firms in scaling their compliance operations and optimizing processes.
Mark Hunter, Partner at PwC, highlighted the importance of the collaboration: “Fenergo’s AI-powered platform is uniquely positioned to serve mid-market to large multinational organizations, offering the scale, flexibility, and advanced capabilities needed to manage complex regulatory environments and high volumes of transactions across global operations. This collaboration is enabling us to deliver even greater value and sustained outcomes to our clients. Clients choose PwC to drive growth, transform and create value – and that includes interventions with technology. Our approach focuses on how Fenergo’s software can add value to our clients’ organisations holistically. Our teams across our global practice have experience implementing Fenergo solutions at scale, and across multiple jurisdictions. We’ve invested in our own multi-disciplinary teams, who are now Fenergo-certified and have specialist functional capabilities and technical expertise to configure the Fenergo platform.”
PwC’s role extends beyond implementation, with services such as target operating model design, customer experience mapping, and business change management. By leveraging PwC’s expertise, financial institutions can achieve a smoother integration of Fenergo’s technology into their existing frameworks.
Matt Edwards, Global VP Partnerships and Alliances at Fenergo, emphasized the strategic advantage: “The synergy between Fenergo and PwC creates a powerful value proposition for financial institutions seeking to streamline financial crime operations and increase efficiencies in the face of accelerated regulatory change. The collaboration enables Fenergo to tap into PwC’s industry leading consultancy and implementation services to deliver an optimum target operating model for CLM. The result is a premium solution which empowers financial institutions to efficiently mitigate financial crime risk while driving growth and efficiency gains.”
With financial institutions under growing scrutiny to enhance compliance while maintaining a seamless client experience, this partnership provides a structured approach to modernizing financial crime operations. The collaboration underscores a broader industry shift towards integrating advanced technology with deep regulatory expertise to drive sustainable compliance solutions.
Subscribe to our newsletter
