The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Fenergo Launches New Rules-as-a-Service Solution

Client lifecycle management software provider Fenergo has launched a new cloud-based Rules-as-a-Service solution to futureproof financial instititions against evolving regulatory requirements. The plug and play solution will enable financial institutions to integrate Fenergo’s current regulatory rules capabilities into their existing digital platforms.

A recent study by Fenergo suggests that the improvement of data and document capture for customer experience is the number one critical issue banks are currently trying to address, while compliance with KYC regulations ranks as the second most critical issue, making the new launch particularly pertinent in today’s environment.

Available as an on-demand repository of local and global rules for KYC, AML and regulatory requirements across all jusrisdictions, the solution is available both through the cloud and on-premise. Hosted on Amazon Web Services, the configurable API-enabled rules engine utilizes client data in rules calculations and leverages Fenergo’s existing regulatory content, providing financial firms with a compliance solution covering evolving regulations including KYC, AML, Foreign Accountant Tax Compliance Act (FATCA), Common Reporting Standard (CRS), Securities Financing Transaction Regulation (SFTR), GDPR and MiFID II.

“Banks and financial institutions are undergoing a major shift where the experience their customers receive now takes precedence,” says Greg Watson, Fenergo’s Global Head of Sales. “Simultaneously we’re seeing increasing demand for an out-of-the-box rules engine that would complement existing CLM infrastructures.”

Related content

WEBINAR

Recorded Webinar: Developing operational resilience

Financial institutions’ operational resilience – essentially the ability to prevent, adapt and respond to, and recover and learn from operational disruptions – has come under extreme pressure during the coronavirus pandemic, with last year’s March lockdown creating unprecedented circumstances for financial firms. Employees working from home raised the stakes, as they still do, adding to...

BLOG

A-Team Group ESG Handbook 2021 Details Environmental, Social and Governance Investing and Disclosure

A-Team Group has expanded its portfolio of industry-leading publications with the release of ESG Handbook 2021, a guide to Environmental, Social and Governance (ESG) investing, disclosure, and product development. The handbook offers capital markets participants, data vendors and solutions providers extensive coverage of all elements of ESG, from an initial definition and note on why...

EVENT

TradingTech Summit London

TradingTech Summit London will explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility. Leveraging the cloud, AI and ML technologies to get an edge, automate processes and simplify operations in a cost effective way is the name of the game and will share practical insight from practitioners and technology leaders who are innovating and driving forward change in trading operations.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...