BNP Paribas is implementing Fenergo, an industry standard for Client Lifecycle Management (CLM) solutions for corporate and institutional, business and commercial and private banks. The bank is Fenergo’s 6th European client. The CLM solution will support the bank’s global transformation project, delivering a single client view across all jurisdictions and entities and enabling the bank to efficiently comply with all local and global regulatory rules and deliver an optimum customer experience. Bernard Gavgani, global head of CIB IT and Operations in BNP Paribas, said the bank chose Fenergo for both its deep, out-of-the-box CLM functionality and its v8 technology that is a good fit with the bank’s own modernized technology landscape. The solution is built upon React, the same technology that underpins high-volume, high-profile firms such as Netflix, Facebook, Instagram and the New York Times e-platforms, where performance and ease-of-use are of the highest priorities.
