Generali Investments Holding partners with Fenergo:
- They tap Irish fintech Fenergo for bolstering financial crime controls.
- Aim to address a rise in money laundering techniques and sanctions post-Russia’s invasion of Ukraine.
- Fenergo’s CLM solution covers onboarding, KYC, and transaction monitoring.
- Focus on detecting suspicious activities in real time and reducing false positives.
- Emphasizes cost and resource efficiency and compliance with European regulations.
- Previous collaboration in 2022 when Generali Real Estate used Fenergo’s CLM solution.
- AML process strengthening is a key focus due to sophisticated money laundering techniques.
- Generali Investments Holding’s COO, Katia Mangiaracina, expresses confidence in Fenergo’s technology for KYC and transaction monitoring.
