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Industry news

Fenergo and PwC join forces


12 February 2025 US
Reporter: Clelia Frondaroli

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Image: nevodka.com/stock.adobe.com
Fenergo has collaborated with PwC to deliver Fenergo’s AI powered Client Lifecycle Management (CLM) and Know Your Customer (KYC) solutions to financial institutions.

PwC will combine their financial crime expertise with Fenergo’s CLM technology into a single solution, which aims to help financial institutions to better navigate financial crime operations.

The agreement is also said to be part of PwC’s broader strategy to use digital and technology partnerships to deliver solutions for financial crime and regulatory challenges.

Mark Hunter, partner at PwC, comments: “Fenergo’s AI-powered platform is uniquely positioned to serve mid-market to large multinational organisations, offering the flexibility and advanced capabilities needed to manage complex regulatory environments. This collaboration is enabling us to deliver even greater value and sustained outcomes to our clients.”

Matt Edwards, global vice president of partnerships and alliances at Fenergo, concludes: “The collaboration enables Fenergo to tap into PwC’s industry-leading consultancy and implementation services to deliver an optimum target operating model for CLM.”
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