Citi has integrated Fenergo’s Client Lifecycle Management platform into its Global Transfer Agency business, enhancing investor onboarding and due diligence for regulated funds in Europe. The platform enables customized risk assessments for Anti-Money Laundering (AML) and Know Your Customer (KYC) checks, making onboarding more seamless. Clients benefit from automated data validations and real-time reporting through API connectivity. Citi’s Global Transfer Agency unit is part of the bank’s Fund Services business, catering to institutional clients including asset managers and investment managers who create and run regulated funds for institutional or retail investors. The adoption of Fenergo for regulated funds in Europe is part of Citi Transfer Agency’s ongoing digital transformation agenda, following the launch of the bank’s award-winning digital Transfer Agency service in the UK in 2023. The Citi Fenergo Client Lifecycle platform accelerates digital transformation in Europe’s regulated fund space, backed by real-time compliance automation.