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Related Party Launchpad v2 Scoping Rules

The new Related Party Launchpad v2 allows clients to configure scoping rules for both new and existing related parties, enabling due diligence on verified and net new entities while leveraging existing Fenergo policy logic. It also supports multiple Related Party Launchpad tasks within a journey, allowing more than one set of related party journeys to be triggered.

Alias Screening

The Alias Screening feature allows you to screen entities using multiple names, such as aliases (AKA) or former names (FKA), within a single inquiry. This enables a multi-name screening capability that streamlines compliance operations and improves traceability and transparency. Alias Screening is available for both WCO and custom screening providers.

Advanced Reporting for Screening

This feature introduces screening tables to Advanced Reporting, enabling users to query, analyse, and report on PEP, Sanctions, Adverse Media, and Enforcement outcomes. It provides end-to-end visibility across screening processes, enhancing risk and compliance reporting.

Static Access Layer Assignment During ETL Migration

This enhancement introduces the ability to assign static access layers during data migration by utilising the BusinessAccessLayer and GeographicAccessLayer fields. These fields can now be included in the data source and mapped in the system fields section, allowing for manual assignment of access layers across supported data types. Static access layers are not supported for Product and Associations data types.

Assigning a Document to Multiple Associations in Related Party Data & Documents Task

Allow users to upload a single document against multiple Related Parties in the Related Party Data & Documents task. After selecting the relevant entities, users upload the document via a modal, complete required metadata, and track progress through a real-time upload indicator. Once complete, the document is linked to any matching requirements, and the grid updates automatically to reflect satisfied requirements and updated statuses.

ETL Investment and Bank Accounts

This enhancement introduces ETL support for the creation and management of investment and bank account data, enabling seamless migration into Fenergo. Users can now create and update account records while establishing relationships between investment accounts, bank accounts, funds, and investors.

Preventing persistence of Expired Documents

This enhancement introduces a configuration option to prevent the persistence of expired documents within document-related tasks. Once enabled, out-of-date documents will be flagged with an 'Expired' chip, giving greater visibility to document status and helping users easily identify expired documentation.