ACT Group slashes onboarding time with Fenergo's AI-driven compliance solution
ACT Group has gone live with Fenergo's client lifecycle management solution to speed up onboarding and improve compliance. The company completed the implementation in just three months. This move aims to replace manual KYC processes with a more efficient, scalable system.
ACT Group chose Fenergo to transform its manual know-your-customer (KYC) operations into a digital, intelligent framework. The firm serves complex clients across Europe, Asia, and the Americas, requiring a robust compliance solution.
The deployment included Fenergo's pre-configured SaaS platform, which allowed for a rapid rollout. Features like the Document Agent and a digital client portal now automate multilingual document processing and streamline onboarding. These tools help reduce delays while maintaining compliance standards.
Frits Groenewegen, COO of ACT Group, highlighted that the new system meets regulatory obligations without hindering business growth. Ruth Ormsby, Managing Director of EMEA at Fenergo, described the AI-powered solution as a game-changer for the company's operations.
The fast implementation of Fenergo's solution has already delivered results for ACT Group. Faster onboarding, better data quality, and improved compliance operations are now in place. The company expects continued efficiency gains as it scales its client services globally.
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