GDPR: A Game Changer for Managing Data & Regulatory Compliance

by Fenergo | White Paper

On May 25th, 2018, the General Data Protection Regulation (GDPR) will come into full force impacting any bank in the world that stores or processes personal information on EU citizens.

We explore the 10 biggest challenges GDPR may pose with respect to the end-to-end Client Lifecycle Process, spanning compliance, onboarding, data management, client outreach and client offboarding, and we also outline 8 ways in which banks can implement best practice guidelines.

About Fenergo

Counting 70 global Financial Institutions as clients, its award-winning CLM suite digitally transforms how Financial Institutions manage clients; from initial onboarding to KYC/AML and regulatory compliance, to data management and ongoing lifecycle KYC reviews and refreshes. Fenergo CLM empowers financial institutions to deliver a faster, compliant and digital customer experience while achieving a single client view across channels, products, business lines and jurisdictions..
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