Fenergo has been selected by investment manager Ninety One to supply its client lifecycle management and financial crime operations platform as part of a digital transformation programme.
The unified platform will merge Know Your Customer procedures, due diligence, transaction monitoring and automation across South Africa, the UK, and Luxembourg.
The decision forms part of Ninety One’s investment in a model to simplify lifecycle management, increase financial crime controls, and reduce disconnected systems across its £184 billion asset portfolio.
Cora Kielblock, head of global operations at Ninety One, said: “Fenergo’s industry expertise, continued innovation and long-term investment in its platform made it the right strategic partner to support our ambitions.”
The phased rollout will automate operational work, accelerate decision-making, and expand upon Fenergo’s existing partnerships with global financial institutions.
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