Amplifying Global RegTech Solution for Financial Institutions

Fenergo’s CLM, KYC, and Anti-Money Laundering software is used by 26 out of 50 tier 1 and tier 2 global banks. Its solution delivers to end user:

At CSHARK, we work as a consultancy and technology partner to Fenergo, contributing to R&D, Professional Services, and Pre-sales, helping to meet the needs of Fenergo’s clients across the globe.

Our cooperation is a story of shared growth and transforming the industry. Enough to say that since the beginning of our cooperation in 2014, the number of employees at both CSHARK and Fenergo has increased by more than 900%.

In recent years, credit and financial institutions faced hefty fines costing billions of dollars due to non-compliance and data breach issues.

One of the reasons is that financial institutions often struggle with outdated systems that need a robust, comprehensive approach to their maintenance and modernization. The development of advanced, compliant solutions for areas such as Anti-Money Laundering (AML), Know Your Customer (KYC), Client Risk Rating, CLM, Regulatory Onboarding, Tax Compliance, and Risk Assessment requires the expertise of a seasoned technology partner.

The cooperation between CSHARK and Fenergo starts at the strategic level, where we bring thought leadership to the table, ensuring that we focus on best-in-class solutions, challenging existing approaches, and aligning solutions with Fenergo’s product capabilities.

Our joint impact on the finance and regulatory sector is significant for end users as we create comprehensive Client Lifecycle Management, Know Your Customer, Anti-Money Laundering, and anti-fraud software for banks. We help them with integration, customization, testing, and support.

CSHARK’s strategy for this partnership revolves around several key elements:

Our true long-term partnership with Fenergo has resulted in shared growth, knowledge exchange, and innovation.

By focusing on research, client-focused solutions, and resolving legacy issues, we’ve helped Fenergo stay at the forefront of the industry. Understanding the nuances of its product’s architecture, functionality, and how it solves business problems, CSHARK has helped onboard multiple financial services clients and provided them with exceptional tailored solutions.