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Fenergo Platform Review

6

·

Very good

Revainrating 4.5 out of 5  
Rating 
4.7
Governance, Risk and Compliance, Anti Money Laundering

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Description of Fenergo Platform

Fenergo AML is a rules-driven, risk-based approach to solving Anti-Money Laundering compliance obligations across multiple jurisdictions

Reviews

Global ratings 6
  • 5
    4
  • 4
    2
  • 3
    0
  • 2
    0
  • 1
    0

Type of review

Revainrating 5 out of 5

Very Professional Solution & Service Provided By TCL Corporation

The best thing about this software solution was that it helped us in managing our customer data for KYC/AML purposes as well as other regulatory requirements such as GDPR etc., which we were not able do without its help. It also provided me with an easy way of tracking my team's progress throughout each step required by any given requirement or regulation. I have no complaints at all regarding their service so far! We used them when they first started out offering services related to anti money

Pros
  • Very user friendly interface
  • Highly customizable
  • Easy access through email notifications, phone calls &amp
Cons
  • I don't really have any dislikes about this, everything is just fine

Revainrating 4 out of 5

A great way through which you can measure client's financial risk

The platform has been very useful in our organization. It has helped us to understand our customers' business model and identify the risks associated with them. We have used it for several years now and we are satisfied with its performance. There is nothing that I dislike about this product. It has been helpful and has given us confidence in knowing more about our clients. I would recommend using Fenergo because of its ease of use and its effectiveness. We have been able to identify the risks…

Pros
  • Ability To Analyze Risk Profiles.
  • Customer Success Management
  • Insight into Business Model Of Customers & Partners, etc.etc
Cons
  • Nothing disliked at present

Revainrating 5 out of 5

This is an intuitive and user friendly tool

I liked that this software was easy enough for my small team of 3 people in our organization who weren't programmers or data scientists (but knew how to use Excel) to get up to speed with it quickly - there's no steep learning curve! It took us about two weeks from first install through getting everything set up correctly including proper naming conventions etc. We were able to automate many processes which saved time as well. The only thing i dislike so far has been some lag when running…

Pros
  • great reporting capabilities across all major financial statement functions
Cons
  • Mostly okay, but...

Revainrating 5 out of 5

Very Professional Solution & Service Provided By TCL Corporation

The best thing about this software solution was that it helped us in managing our customer data for KYC/AML purposes as well as other regulatory requirements such as GDPR etc., which we were not able do without its help. It also provided me with an easy way of tracking my team's progress throughout each step required by any given requirement or regulation. I have no complaints at all regarding their service so far! We used them when they first started out offering services related to anti money

Pros
  • Very user friendly interface
  • Highly customizable
  • Easy access through email notifications, phone calls &amp
Cons
  • I don't really have any dislikes about this, everything is just fine

Revainrating 4 out of 5

A great way through which you can measure client's financial risk

The platform has been very useful in our organization. It has helped us to understand our customers' business model and identify the risks associated with them. We have used it for several years now and we are satisfied with its performance. There is nothing that I dislike about this product. It has been helpful and has given us confidence in knowing more about our clients. I would recommend using Fenergo because of its ease of use and its effectiveness. We have been able to identify the risks…

Pros
  • Ability To Analyze Risk Profiles.
  • Customer Success Management
  • Insight into Business Model Of Customers & Partners, etc.etc
Cons
  • Nothing disliked at present

Revainrating 5 out of 5

This is an intuitive and user friendly tool

I liked that this software was easy enough for my small team of 3 people in our organization who weren't programmers or data scientists (but knew how to use Excel) to get up to speed with it quickly - there's no steep learning curve! It took us about two weeks from first install through getting everything set up correctly including proper naming conventions etc. We were able to automate many processes which saved time as well. The only thing i dislike so far has been some lag when running…

Pros
  • great reporting capabilities across all major financial statement functions
Cons
  • Mostly okay, but...