SunTrust Robinson Humphrey Streamlines Entity Data and Client Lifecycle Management with Fenergo

PR62856

DUBLIN, Dec 15 /PRNewswire=KYODO JBN/ --

    Fenergo [http://www.fenergo.com ], the leading provider of Client Lifecycle

Management solutions for investment, corporate and private banks, has today

announced that SunTrust Robinson Humphrey has successfully implemented

Fenergo's award-winning solutions to streamline its regulatory onboarding,

entity data and client lifecycle management processes.

    (Logo: http://photos.prnewswire.com/prnh/20150114/724322 )

    John Healy, Managing Director, Head of Capital Markets Operations, said,

"We chose Fenergo's solutions because they will enable us to meet the

increasing complex regulatory frameworks with an efficient and client-centric

onboarding experience".

    Implemented across the swap-dealer and institutional broker-dealer desks,

Fenergo's Client Lifecycle Management

[http://www.fenergo.com/solutions/client-lifecycle-management.html ] solution

provides an advanced, automated, rules-driven workflow process that will enable

SunTrust Robinson Humphrey to centralise all client entity data and

documentation for re-use across a range of regulatory frameworks - from AML [

http://www.fenergo.com/solutions/regulatory-onboarding/anti-money-laundering-aml.html

] and Know Your Customer

[http://www.fenergo.com/solutions/regulatory-onboarding/know-your-customer ],

to tax compliance regulations (such as FATCA

[http://www.fenergo.com/solutions/tax-compliance/fatca-compliance ] and CRS

[http://www.fenergo.com/solutions/tax-compliance/crs-compliance.html ]) to OTC

derivative rules [

http://www.fenergo.com/solutions/regulatory-onboarding/otc-derivatives-reform-compliance

]  (such as Dodd-Frank, Canadian derivative regulations, EMIR and MiFID II

etc.). Streamlining this process will help SunTrust Robinson Humphrey to

onboard new clients more efficiently and ensure compliance throughout the

client's lifetime through regular, ad-hoc and event-triggered automated

compliance refreshes.

    Commenting on the announcement, Fenergo's VP Sales, Greg Casey

[http://www.fenergo.com/top-menu/who-we-are/management-team ], said, "I am so

pleased to announce the successful implementation of Fenergo's solutions in

SunTrust Robinson Humphrey. We strive to design and deliver world-class

solutions that help financial institutions to solve core regulatory and

operational challenges. By streamlining three separate but highly

interdependent areas of the institution - data management, compliance and

onboarding - we can create a truly optimised regulatory onboarding

[http://www.fenergo.com/solutions/regulatory-onboarding ] and client lifecycle

management [http://www.fenergo.com/solutions/client-lifecycle-management.html ]

process that delivers full lifecycle compliance, improved time to revenue and a

positive client experience".

    About Fenergo (http://www.fenergo.com):

    Fenergo is a leading provider of Client Lifecycle Management software

solutions for investment, corporate and private banks. Its solutions help

institutions to efficiently manage the end-to-end regulatory onboarding and

entity data management processes. Its rules-driven solution ensures compliance

with multiple regulatory frameworks and supports the collection, centralisation

and sharing of client and counterparty data and documentation across the

institution. By expediting compliance and improving operational efficiencies,

Fenergo's solutions can onboard clients faster, improve time to revenue and

overall client experience. Fenergo's most recent accolades include: FinTech

Forward Company to Watch (American Banker, 2015); Chartis RiskTech 100 (Chartis

Research, 2015), Best Enterprise Data Management (Inside Reference Data, 2014).

    About SunTrust Robinson Humphrey:

    SunTrust Robinson Humphrey(R) is the trade name for the corporate and

investment banking services of SunTrust Banks, Inc. and its subsidiaries.   

SunTrust Robinson Humphrey has extensive experience working with public and

private companies of all sizes - from emerging growth to the Fortune 500.

SunTrust Robinson Humphrey offers a complete array of solutions for companies

across all industries while providing in-depth industry expertise and dedicated

corporate and investment banking practices for certain core sectors, including

business services, financial sponsors, building products, healthcare, consumer

and retail, media and communications, energy, transportation, financial

services and technology, and real estate. SunTrust Robinson Humphrey's internet

address is http://www.suntrustrh.com.

    For more information, please contact:

    Fiona McLoughlin, Head of Marketing, Fenergo

    T: +353 1 9013600

    E: fiona.mcloughlin@fenergo.com

    SOURCE: Fenergo