Bank of China US branches have gone live on Fenergo’s client lifecycle management (CLM) platform, Fenergo CLM, reports Henry Vilar of Fintech Futures (Finovate’s sister publication).

Fenergo CLM provides the bank with an end-to-end client management solution enhancing its compliance framework, especially in the areas of know your customer (KYC), anti-money laundering (AML), and customer due diligence (CDD).

“BoC US Branches are dedicated to providing the tightest set of regulatory controls and customer due diligence,” said Marc Murphy, CEO of Fenergo. “We have invited the bank to join our client advisory board and regulatory forums, adding to the collective industry intelligence of Fenergo’s other global clients.”

Back in February, Fenergo partnered with regtech provider Arachnys to give financial institutions, namely investment, corporate and private banks, a KYC and CLM solution.

Founded in 2009, Fenergo demonstrated its Deal Manager solution at FinovateEurope 2012. The company has raised more than $80 million in funding, and includes Aquiline Capital Partners, Insight Venture Partners, Ulster Bank Diageo Venture Fund, and Investec among its investors.