Fenergo has partnered with Moody’s to integrate Moody’s entity verification API into Fenergo’s FinCrime OS client lifecycle management platform, the companies said in a news release.
The integration provides compliance teams with access to registry data, entity details and a risk database covering more than 600 million companies and 1.7 billion ownership links across 200-plus jurisdictions. The partnership enables financial institutions to shift from periodic Know Your Customer (KYC) reviews to continuous monitoring, where client records are dynamically updated as new data emerges. New York-based Fenergo provides AI-powered client lifecycle management, KYC and anti-money laundering transaction monitoring solutions.
“By embedding Moody’s market-leading entity verification data into FinCrime OS, we’re enabling clients to achieve faster decision-making, more accurate risk assessments and a frictionless customer experience,” Matt Edwards, global vice president of partnerships and alliances at Fenergo, said in the news release.
