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ICBC Standard Bank Selects Fenergo Client Lifecycle Management Platform

Multi-phase deployment of Fenergo’s Client Lifecycle Management solution to ensure compliance with global regulations.

Fenergo, the leading provider of Regulatory Onboarding, Entity Data Management and Client Lifecycle Management software solutions for institutional, corporate and private banks, has today announced that the ICBC Standard Bank has selected its award-winning Client Lifecycle Management platform.

By implementing Fenergo’s Client Lifecycle Management solution, ICBC Standard Bank will benefit from a highly optimized process that ensures global compliance and improves operational efficiencies.

Oliver White, UK Head of Sales, said, “We are delighted to welcome ICBC Standard Bank to our growing family of clients. As the global industry standard for Client Lifecycle Management, Fenergo remains at the forefront of the “perfect storm”, protecting financial institutions from the impacts of increasing regulatory demands by working closely with our clients to develop and deliver solutions that improve how and with whom they do business.

“By integrating with numerous industry and AML data providers, as well as KYC utilities, our solutions can consume, process and route this data to all internal and downstream trading systems. This creates a true single view of the client, enabling a true end-to-end Regulatory Onboarding and Client Lifecycle Management process, all on a single platform. This is what makes Fenergo different”.