Fenergo launches Fen-AI to put compliance on autopilot

Fenergo

Fenergo, a leading provider of digital solutions for KYC, AML and CLM, has unveiled Fen-AI, an agentic AI orchestration platform aimed at financial institutions.

The new platform has been designed to let banks and other regulated firms automate work across the client lifecycle while retaining human oversight, enforcing uniform policy controls and maintaining a full audit trail. Fen-AI underpins KYRA, the company’s governed agentic workforce, which orchestrates AI activity spanning onboarding, periodic reviews, ongoing monitoring and material client changes.

Because it sits on Fen-X, Fenergo’s Legal Entity System of Record, every action, source, decision and rationale is logged as the work happens, meaning outcomes remain traceable, explainable and prepared for regulatory scrutiny.

Fenergo counts more than 40% of the world’s top 50 banks among its clients and works with over 110 financial institutions in total, providing technology for KYC, AML and CLM operations.

Beyond automation, Fen-AI transforms the Fen-X record into what Fenergo calls a Continuous System of Control, supplying authoritative client data, regulatory policy logic and decision evidence, and governing how AI capabilities access and act upon that information. Its Agent-to-Agent (A2A) Interoperability Framework enables firms to securely link Fenergo, client and approved third-party agents through one governed interface, using Model Context Protocol and A2A interoperability to authenticate requests, retain context across handoffs and attribute every completed action to an immutable evidence trail.

The platform also delivers operational reporting, letting teams track completed tasks, analyst hours recovered, manual work avoided, throughput improvements, entity coverage and workload per capability. KYRA’s initial release comprises six automation agents targeting routine lifecycle tasks, with further Fen-AI capabilities due in the coming quarters.

Fenergo founder and CEO Marc Murphy said, “Financial institutions don’t have an AI problem. They have a scale problem. Risk moves in real time and regulation evolves continuously. Yet the work of compliance still depends on review cycles built for a slower world. Fen-AI changes that. We’re enabling institutions to move from periodic control to continuous control, delivering faster client onboarding, greater operational efficiency and stronger compliance without increasing risk or headcount.”

Fenergo president and COO Hishaam Caramanli said, “AI in financial institutions will succeed only if it’s built on trust. Regulators will not accept ‘the AI decided’ as an answer. That is why we built governance into the foundation of Fen-AI from day one. Every action is attributable. Every decision is explainable. Every outcome is anchored to a trusted system of record. We are creating a new category for regulated industries: the governed agentic workforce.”

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