Citi has adopted Fenergo’s Client Lifecycle Management platform to digitise select transfer agency services for regulated funds in Europe. The Fenergo platform will enable Citi to offer customised policy-driven risk assessments, automated data validations and real-time reporting through API connectivity. The adoption of Fenergo for regulated funds in Europe is part of Citi’s ongoing digital transformation agenda and follows the launch of the bank’s digital TA service in the UK in 2023, offering a fully digital client lifecycle service for funds in the UK.
