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Fund Channel strengthens its KYC/AML capabilities by integrating Finologee’s KYC Manager
July 8, 2024
Fund Channel, leading B2B fund distribution platform jointly owned by Amundi and CACEIS announce it enhanced its KYC/AML (Know Your Customer/Anti-Money Laundering) capabilities through a partnership with Finologee. Thanks to the collaboration, a digital onboarding tool will be jointly developed to complete the oversight services offer.
Fund Channel will integrate Finologee’s KYC Manager, a compliance platform for digital client data and risk management to further streamline and automate onboarding process, optimize connectivity with end customer, front-office and compliance departments and ensure highest standards for regulatory adherence through a personalized customer experience.
“We are glad to collaborate with Finologee as we are always looking to reinforce our KYC/AML capabilities,” said Regis Veillet, Head of Business Development Fund Channel. “The integration of KYC Manager exemplifies a proactive approach to strengthen our platform's single-entry point for AML/KYC and distribution due diligence. We aim at digitalizing our service for the benefit of our clients and ultimately simplify the process with a secured operational flow”.
"Finologee’s KYC Manager simplifies internal processes, and assists to efficiently meet regulatory obligations in fund distribution. Additionally, it enables Fund Channel to provide a “KYC Managed Services” offering in the future”. We are excited about this cooperation," said Jonathan Prince, CSO and co-founder at Finologee.
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Letizia De Bernardi
Press Relations
About Amundi
About Amundi
Amundi, the leading European asset manager, ranking among the top 10 global players[1], offers its 100 million clients - retail, institutional and corporate – a complete range of savings and investment solutions in active and passive management, in traditional or real assets. This offering is enhanced with IT tools and services to cover the entire savings value chain. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €2.2 trillion of assets[2].
With its six international investment hubs[3], financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi clients benefit from the expertise and advice of 5,700 employees in 35 countries.
Amundi, a trusted partner, working every day in the interest of its clients and society.
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