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U.S. Bank Investment Services goes live with a new CLM platform
['Asset Servicing Times', 'Reporter', 'Zarah Choudhary', 'Matthew Challis', 'Madison', 'Sonni', 'Theodore Law']
Asset Servcing Times | rss daily news feed
U.S. Bank Investment Services has gone live with a new client lifecycle management (CLM) platform, providing an onboarding solution for alternative investment clients and the investors in their funds.
The bank says that the implementation is a key milestone in Investment Services’ multi-phased technology transformation strategy, aimed at modernising processes, workflows, and reporting across the private funds space.
U.S. Bank has leveraged CLM provider Fenergo and its Fen-X platform.
Alan Flanagan, head of U.S. Bank Investment Services, says: “Onboarding is perhaps the most important moment in a relationship because it establishes the foundation for everything that follows.
Pairing our commitment to exceptional client service with Fenergo's CLM technology results in a seamless experience for global investors.”