Arachnys, a cloud-based investigation management technology provider, and Fenergo, a provider of Client Lifecycle Management solutions for investment, corporate, and private banks, have announced a joint partnership.

This partnership will provide seamless inclusion of Arachnys’s due diligence research and management solution within Fenergo’s end-to-end onboarding workflow, to add global screening and know-your-customer (KYC) data collection capability, ensure a seamless and integrated audit trail for external information, enable automated periodic review, and accelerate onboarding and compliance for new business.

Arachnys’s expertise in search, audit trail, and reporting will support Fenergo’s regulatory rules and risk scoring engine to offer financial institutions the most comprehensive solution for KYC and CLM.