Waystone deploys Fenergo CLM and KYC solutions
03 December 2025 US, UK
Image: Murrstock/stock.adobe.com
Fenergo, a provider of AI-powered solutions for know your customer (KYC), anti-money laundering (AML), and client lifecycle management (CLM), has announced that asset management service provider Waystone has implemented its technology solutions.
By deploying Fenergo’s AI-powered CLM and KYC solutions, Waystone has transformed the way its clients engage with its AML and know your asset (KYA) services.
Through its ‘AML Centre of Excellence’, Waystone undertakes a full suite of services, including investor AML, client AML reviews, sanctions screening, and KYA services, all delivered through a centralised model.
The partnership with Fenergo forms part of the company’s broader digital transformation initiative, aimed at supporting alignment with evolving global regulatory standards and modernising the user experience.
Sanjiv Sawhney, group CEO at Waystone, says: “Given the evolving regulatory environment and the need to provide an intuitive, digitised experience for our global client base, ensuring our AML and KYA services are as refined as possible has been a key strategic priority.
“Fenergo’s market-leading CLM solution stood out as the best fit for our business, and we are excited to support our clients with best-in-class technology that supports greater efficiency and transparency in a dynamic market environment.”
Ruth Ormsby, EMEA managing director, Fenergo, adds: “With the investment fund industry facing increasingly diverse regulatory expectations across jurisdictions, we’re seeing unprecedented appetite for our services.
“By adopting a more intelligent, data-driven approach to AML and KYC, Waystone is enhancing its ability to support clients globally with greater speed, confidence and efficiency.”
By deploying Fenergo’s AI-powered CLM and KYC solutions, Waystone has transformed the way its clients engage with its AML and know your asset (KYA) services.
Through its ‘AML Centre of Excellence’, Waystone undertakes a full suite of services, including investor AML, client AML reviews, sanctions screening, and KYA services, all delivered through a centralised model.
The partnership with Fenergo forms part of the company’s broader digital transformation initiative, aimed at supporting alignment with evolving global regulatory standards and modernising the user experience.
Sanjiv Sawhney, group CEO at Waystone, says: “Given the evolving regulatory environment and the need to provide an intuitive, digitised experience for our global client base, ensuring our AML and KYA services are as refined as possible has been a key strategic priority.
“Fenergo’s market-leading CLM solution stood out as the best fit for our business, and we are excited to support our clients with best-in-class technology that supports greater efficiency and transparency in a dynamic market environment.”
Ruth Ormsby, EMEA managing director, Fenergo, adds: “With the investment fund industry facing increasingly diverse regulatory expectations across jurisdictions, we’re seeing unprecedented appetite for our services.
“By adopting a more intelligent, data-driven approach to AML and KYC, Waystone is enhancing its ability to support clients globally with greater speed, confidence and efficiency.”
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