IBM & Fenergo: Join Forces To Fight Financial Crime
- IBM bolsters its software portfolio for fighting financial crime through Fenergo’s Customer Lifecycle Management
- Agreement that also allow the companies to collaborate on solutions that can help clients better manage
- The agreement enables IBM and Fenergo to create solutions that combine Fenergo’s CLM offering with IBM’s RegTech portfolio of AML
- IBM offer companies a complete AI application suite that focused on risk and compliance and helps clients fend off financial criminals
- IBM plans to build on this work to assist clients in integrating AI-driven insights from its Financial Crimes Insights solutions
- Fenergo’s software designed to help clients further reduce false positives in the AML and also KYC solutions
