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Fenergo launches compliance operating system, eyes big cost savings

May 30, 2025 //  by Finnovate

Fenergo, a Dublin-based provider of client lifecycle management and compliance solutions, has launched its FinCrime Operating System. The system uses “agentic AI” to help firms cope with rising operational costs and compliance demands. The FinCrime OS unifies client lifecycle events, including onboarding, KYC, screening, ID&V, and transaction monitoring, on a single platform. The system can automate tasks and save up to 93% of operational costs. Fenergo’s initial six AI agents can streamline periodic KYC reviews, cutting review timeframes by up to 45%. The Six AI agents available today include: Data sourcing agent: Sources data from one or more third-party data provider, compares against entity data and auto-completes tasks;  Screening agent: Runs screening checks against third-party integrations, auto-resolves hits and returns results to providers; Document agent: Extracts, classifies and links documents using AI to automate document-management processes;   Significance agent: Performs a check against data changes to determine significance to define next action;  Autocompletion agent: Automates the completion of tasks based on pre-defined rules, policy and configured guardrails; and Insights agent: Fenergo’s co-pilot allows users to interact with all operational, policy and entity data through natural language and harness real-time insights on process efficiency, operations and risk.

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