Monday, December 16, 2024

Aviva: Selects Fenergo to Transform KYC, CDD and AML Processes

Aviva: Selects Fenergo to Transform KYC, CDD and AML Processes

  • Selected by Aviva, to replace Know Your Customer (KYC), Customer Due Diligence (CDD) and Anti-Money Laundering (AML) systems
  • Fenergo will work initially with Aviva Investors and later with Aviva UK Insurance, to rapidly onboard all legal entities associated with investors
  • Aviva selected Fenergo to deliver an end-to-end solution to streamline the management of multi-jurisdictional KYC, CDD
  • Fenergo enable Aviva Investors to achieve a single client view through a central data repository
  • The centralisation of data will reduce the number of information outreach requests to new and existing customers
  • With Fenergo’s solution, Aviva Investors will be able to easily identify and trace Ultimate Beneficial Owners (UBO)

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