Aztec Group has chosen Fenergo’s Software as a Service (SaaS) Client Lifecycle Management (CLM) to manage onboarding trips and anti-money laundering (AML), Know-Your-Customer (KYC ) and digitize and streamline regulatory compliance.
The independent fund and corporate service provider will use Fenergo’s CLM solution in its offices in the Channel Islands, Europe and the USA.
With SaaS CLM from Fenergo, Aztec can digitize the entire life cycle process from onboarding to offboarding and at the same time give customers and investors the opportunity to upload data and documentation directly.
By replacing legacy systems and existing processes for onboarding and compliance, the SaaS solution will enable the Aztec Group to engage investors more quickly while significantly improving the user, customer and investor experience, says Fenergo.
The Aztec Group specializes in alternative asset classes and manages more than 450 funds.
The company will roll out Fenergo’s CLM SaaS solution in a gradual program in 2022.
Paul Kavanagh, Fenergo’s Chief Revenue Officer, commented, “The Aztec Group is experiencing impressive growth and is expected to continue that momentum as it executes a comprehensive digital transformation plan to drive that growth.”
Charlotte Light, Chief Technology Officer at Aztec Group, said, “We saw an opportunity to revamp our onboarding, due diligence and lifecycle management processes by using technology to take on the administrative burden and be part of the To reduce the workload for our teams and our customers. ” This allows us to offer a much smoother onboarding experience and spend more time on value-adding interactions than on administrative tasks. “
