Compliance
Compliance Corner: Fenergo, NIBC

The latest compliance news: regulatory developments, punishments, guidance, permissions, new product and service offerings.
  Fenergo, NIBC
  Fenergo, the European
  regulatory technology business operating in areas such as KYC and
  client lifecycle management, announced this week that it has
  deployed its software-as-a-solution tech to NIBC, the Netherlands-based
  bank. 
  The bank, which serves private and business clients
  internationally with a focus on Europe, will use Fenergo’s
  offering to improve its KYC operations and speed up client
  onboarding.
  
  The Fenergo solution dovetails with Salesforce to build a single
  client view across the business. It will allow NIBC to be more
  resilient in handling ever-changing anti-money laundering
  rules.
  
  “We needed to replace our KYC system, which was an in-house
  developed, highly customised application. We are happy with the
  replacement by Fenergo’s KYC solution,” Daniella Steenbergen,
  NIBC, said.
  
  Fenergo is headquartered in Dublin and has offices in North
  America, the UK, Poland, Spain, South Africa, Asia Pacific, and
  the United Arab Emirates.
  
  NIBC is an “entrepreneurial asset financier” – to use its
  own term – for companies and individuals. It finances assets
  from private housing to rental property, commercial real estate,
  vessels, infrastructure, cars and equipment.