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ABN Amro selects Fenergo for KYC management

First Published 24th May 2017

Fenergo seals deal with first Dutch banking client to support its business transformation strategy .

Marc Murphy, Fenergo

Marc Murphy, Fenergo

Fenergo has announced that ABN AMRO has selected its Client Lifecycle Management software platform to support its CDD/KYC target operating model and business transformation strategy. The Dutch bank will roll-out the Fenergo Client Lifecycle Management platform across its Commercial, Corporate & Investment, Retail and Private Banking business lines.

Marc Murphy, CEO of Fenergo, said, "I am excited to announce ABN AMRO to our growing client base. Over the last few weeks, Fenergo has closed deals with 10 financial institutions across Europe, APAC and the Americas. The reason is simple: banks are looking for a trusted technology partner to help them transform their business processes to create a superior client experience, whilst delivering key time, cost and headcount efficiencies across their data, compliance and front office operations."