Fenergo is bringing governed agentic AI into KYC with a new platform built for regulated financial institutions.
The company has launched Fen-AI, an orchestration platform designed to automate client lifecycle and compliance work while maintaining human oversight, policy controls and a complete audit trail.
Fen-AI powers KYRA, Fenergo’s family of AI agents for onboarding, periodic reviews, ongoing monitoring and material client changes.
Built on Fenergo’s Fen-X Legal Entity System of Record, the platform records the actions, sources, decisions and reasoning behind each task.
It also governs how AI agents access client data, apply regulatory policies and carry out work.
“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.”
said Marc Murphy, Founder and CEO, Fenergo.
Fen-AI also allows institutions to connect Fenergo agents with approved in-house and third-party agents through a governed interface.
The platform uses Model Context Protocol and agent-to-agent interoperability to authenticate requests, retain context across handoffs and attribute completed actions.
Each outcome is linked to the relevant entity in Fen-X and captured in an audit trail.
Institutions can track completed tasks, analyst hours returned, manual work avoided, throughput gains, entities covered and workload by capability.
“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.”
said Hishaam Caramanli, President and COO, Fenergo.
The initial KYRA release includes six automation agents for routine client lifecycle tasks. Fenergo plans to introduce more Fen-AI capabilities in the coming quarters.
Fen-AI and the initial KYRA agents are available to Fenergo customers globally.
Featured image: Edited by Fintech News Singapore, based on image by starmultikharisma via Magnific