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Industry news

Vistra partners with Fenergo to deliver frictionless onboarding


12 June 2024 Hong Kong
Reporter: Klea Neza

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Image: jittawit.21/stock.adobe.com
Vistra has partnered with Fenergo, aiming to deliver frictionless global onboarding.

Vistra’s Global Incorporations team aims to deploy Fenergo’s SaaS-based client lifecycle management (CLM) product to digitally transform processes for global entity onboarding, know your customer (KYC) and ongoing due diligence.

Fenergo’s end-to-end API-first solution aims to digitalise and accelerate onboarding journeys for Vistra’s Global Incorporations’ clients, while ensuring their compliance with legal and regulatory obligations.

Anne Dolan, head of Operations for the Global Incorporations team at Vistra, comments:
“Our important collaboration with Fenergo means we can help our clients overcome these barriers through integrated technology and harmonised data. Fenergo’s track record in enabling the world’s largest financial institutions to reduce complexity around the onboarding of clients across multiple jurisdictions makes them the ideal partner for us.”

Stella Clarke, chief strategy and marketing officer at Fenergo, says: “Fenergo provides a solid platform from which Vistra can help drive global progress, bringing prosperity amid regulatory flux and geopolitical uncertainty. We’re proud to collaborate with a company whose purpose of progress so closely aligns with our own relentless focus on innovating with purpose for our clients.”
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