Fenergo is an Irish software company that provides client lifecycle management (CLM), KYC and transaction monitoring platforms. Banks and other financial institutions use the software to manage client data and onboarding processes and to run anti-money-laundering checks. The platform is offered as software-as-a-service, with AI features branded Fen-AI. The company is headquartered in Dublin. The platform covers the full client lifecycle, from onboarding through periodic review.
The private-equity firms Astorg and Bridgepoint have owned the company since 2021. Client data is hosted in an AWS environment, and the customer chooses the region, including an EU region or a US region. The product is not open source. European institutions can select an EU region, but should record that choice in their contract. Its privacy notice describes Fenergo as a controller for its own websites and as a processor or sub-processor for client data, and it publishes a list of sub-processors.