Fenergo Fuels Ocorian’s Digital Transformation with Cutting-Edge AI-Driven Customer Lifecycle Management Platform
Ocorian has announced a strategic partnership with Fenergo, a leading provider of AI-powered Client Lifecycle Management (CLM) solutions. This collaboration is set to enhance Ocorian’s digital transformation journey by automating key processes related to client due diligence and regulatory compliance across its global operations.
Enhancing Operational Efficiency with AI-Powered Solutions
By utilizing Fenergo’s intelligent CLM platform, Ocorian aims to:
- Boost operational efficiency: Automating routine tasks will streamline workflows.
- Reduce compliance risks: Enhanced oversight will help mitigate potential regulatory issues.
- Improve client experience: Clients will benefit from a more seamless onboarding process.
About Ocorian
Ocorian specializes in offering a diverse range of professional services, including fund administration and fiduciary services, to a global clientele. The firm is expanding its footprint and continuously investing in innovative digital tools to elevate service delivery.
Fenergo’s Role in the Partnership
Fenergo is renowned for its AI-driven CLM technology, which empowers financial institutions to:
- Digitize onboarding: Streamlining the process of integrating new clients.
- Ensure regulatory compliance: Keeping pace with changing regulations across different jurisdictions.
- Manage client data: Facilitating better data management practices.
Key Benefits of the Collaboration
Through the integration of Fenergo’s platform, Ocorian will gain access to:
- Automated risk assessments: Enhancing the accuracy of compliance checks.
- Streamlined data classification: Organizing information effectively.
- Real-time regulatory oversight: Keeping Ocorian ahead of compliance requirements.
- A secure client portal: Enabling smooth document sharing and transparency regarding onboarding progress.
Recent Technology Partnerships
This partnership is part of a broader trend for Ocorian, which has also collaborated with other technology leaders such as Canoe Intelligence, Asset Metrix, Goji, Landytech, Next Matter, Treety, and Yooz. These alliances are designed to enhance data management, resilience, and scalability within Ocorian’s service offerings.
Statements from Leadership
Stuart Geddes, Chief Information Officer of Ocorian, emphasized the importance of this collaboration, stating, “As regulatory complexity grows, it’s essential we continue to invest in digital solutions that support seamless, secure, and compliant experiences for our clients.”
Geddes added, “Fenergo’s smart automation and extensive regulatory content are a perfect match as we work to minimize risk, enhance our team’s productivity, and concentrate on delivering high-quality outcomes for our clients worldwide.”
Ruth Ormsby, Managing Director EMEA at Fenergo, expressed her enthusiasm about the partnership, saying, “We are delighted to welcome Ocorian as a valued customer. Our goal is to provide intuitive solutions that simplify compliance with global regulations while transforming the client onboarding experience and enhancing operational efficiencies.”
To learn more about this partnership, read the full article on RegTech Analyst.
For more information on Ocorian’s services, visit our services page.
