Fenergo Enables Financial Firms to Digitally Visualise Risk in Fight Against Financial Crime

LONDON, March 6, 2019 /PRNewswire/ — Fenergo, a leading provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, today announced the launch of the next generation Fenergo Hierarchy Manager (FHM). The sophisticated ultimate beneficial ownership (UBO) and counterparty hierarchy modeling and visualization tool, built on the latest Force-directed graph technology, streamlines anti-money laundering (AML) screening enabling financial institutions to better manage and mitigate risk.

The new solution provides financial institutions with a single aggregated view of hierarchy relationships, associations and beneficial owners via interactive analytics and dashboards. Users can now easily identify the connections between beneficial owners, associations, counterparties and customers, helping to highlight potential links to financial criminals, Politically Exposed Persons (PEPs) and/or terrorist activity. The ability to identify high risk relationships in a matter of minutes will help compliance professionals to proactively track complex inter-relationships for continuous lifecycle compliance.

Fenergo Hierarchy Manager

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