31st January 2024 – London – Fenergo, the leading provider of digital Client Lifecycle Management (CLM), Know your Customer (KYC) and transaction monitoring solutions for financial institutions, today announced that Centralis Group is adopting Fenergo CLM to streamline client and investor onboarding processes and strengthen its foundation for sustainable international growth.
Luxembourg-based Centralis Group is a leading alternative asset and corporate services provider offering a full range of services and expertise to its global client base. The company provides customer-centric tailored services across 13 countries worldwide.
Fenergo’s technology will enable Centralis Group to increase operational efficiency, optimizing the onboarding journey for both clients and investors, and reduce the potential for duplication of effort. By streamlining and accelerating onboarding, Centralis Group will foster stronger client relationships from the very beginning while remaining compliant with diverse regulations across its global network.
Andreas Thommen, Chief Risk & Compliance Officer at Centralis Group, said: “We’re excited to partner with Fenergo. As we continue to grow and expand our client and investor base, we need technology we can trust and that will enable us to scale. We also need a partner with expert financial services experience. In Fenergo, we found the critical combination we needed, so we can focus on our client-centric commitment to provide best-in-class services. With Fenergo, we are able to bring new products and services to market, safe in the knowledge that we can onboard customers even more efficiently while remaining compliant across the world.”
Stella Clarke, Chief Strategy and Marketing Officer, Fenergo, added: “We are proud to partner with Centralis Group and support the company in its goal to deliver even better customer experiences. We demonstrated that Fenergo understands the challenges global financial services firms face as they aim to create more efficient and safer client onboarding journeys while meeting their compliance obligations worldwide. Fenergo’s technology provides Centralis Group with a clear roadmap, helping the company to future-proof its onboarding and remain at the forefront of industry developments as it expands.”
This collaboration sets a new standard for client and investor onboarding within the corporate services sector, with a focus on delivering a superior client experience. As Centralis Group embarks on its journey of international expansion, the partnership with Fenergo underscores the organization’s dedication to innovation, efficiency, and client satisfaction.
Fenergo is the leading provider of Client Lifecycle Management (CLM) solutions that digitally transform how financial institutions, asset management and fintech firms onboard and manage clients throughout their client lifecycle. Its software digitally orchestrates every client journey from initial Know your Customer (KYC) and client onboarding, automating regulatory compliance and enabling continuous monitoring throughout the client lifecycle (transaction monitoring, perpetual KYC), all the way to client offboarding. Fenergo is recognized for its in-depth financial services and regulatory expertise and out-of-the-box rules engine which ensures financial institutions are future-proofed against evolving Environmental, Social and Governance (ESG), KYC, Anti-Money-Laundering (AML), tax and prudential regulations across 120+ jurisdictions. Headquartered in Dublin, Ireland, Fenergo has offices in North America, the UK, Poland, Spain, South Africa, Asia Pacific, and the United Arab Emirates.
For further information about Fenergo, please visit: www.fenergo.com