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Aduro Advisors and Fenergo Partner to Strengthen AML and KYC Compliance Ahead of FinCEN Regulations

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Aduro Advisors, a leading fund administrator for venture capital and private equity firms, has teamed up with Fenergo, a provider of AI-powered solutions for Know Your Customer (KYC), Anti-Money Laundering (AML), and Client Lifecycle Management (CLM). This strategic partnership aims to help Aduro’s clients stay ahead of new regulatory changes, including the upcoming FinCEN AML rule that will come into effect on January 1, 2026. By leveraging Fenergo’s advanced solutions, the collaboration promises to streamline compliance operations for financial institutions, ensuring they remain future-ready and compliant with the evolving regulatory landscape.

As financial regulations continue to evolve, staying compliant becomes an ever-growing challenge for fund managers and financial institutions. Aduro Advisors, which has grown its assets under administration (AUA) by over 150% since 2020, has recognized the increasing regulatory obligations faced by investment advisors. These advisors will soon be classified as financial institutions under the new FinCEN rule, highlighting the need for robust compliance systems.

To navigate this complex regulatory environment, Aduro has chosen Fenergo for its specialized, scalable transaction monitoring and KYC solutions. This partnership is an essential part of Aduro’s broader strategy to integrate cutting-edge technology that enhances operational efficiency, mitigates risk, and ensures the highest levels of client service.

According to Braughm Ricke, the Founder and CEO of Aduro Advisors, “FinCEN’s final rule is a big shift for fund managers. This is not something they’ve had to deal with before. At Aduro, we make sure our clients are always prepared, no matter what’s ahead. As the industry evolves, partnering with Fenergo was the obvious choice. Their automated solution helps us proactively mitigate complexity and risk for our clients, so they can remain focused on their core strength: investing.”

How Fenergo’s AI-Driven Solutions Enhance Aduro’s AML and KYC Capabilities

Fenergo’s expertise in regulatory compliance across 120 jurisdictions ensures that Aduro remains ahead of evolving requirements. The AI-driven transaction monitoring solution provided by Fenergo helps automate and streamline key compliance processes, such as client onboarding, screening, risk assessment, and documentation management. By reducing manual effort, these solutions enhance productivity while ensuring the accuracy and reliability of compliance operations.

Fenergo’s transaction monitoring system also optimizes AML processes by enabling continuous, data-driven monitoring that reduces false positives and enhances the overall effectiveness of compliance efforts. This integration allows Aduro to focus on expanding its services, while remaining operationally efficient and fully compliant with both current and future regulatory requirements.

A Seamless Client Experience with Fenergo’s Technology

Fenergo’s ability to seamlessly integrate with Aduro’s systems is another key benefit of this partnership. With Fenergo’s automated solutions, Aduro can accelerate the client onboarding process, helping to enhance the client experience. At the same time, it ensures that all necessary compliance checks are completed, minimizing the risk of non-compliance and the associated penalties. By eliminating friction from the client and investor experience, Fenergo’s tools enable Aduro to provide its clients with a smoother and more efficient service.

Chris Zingo, Chief Revenue Officer at Fenergo, remarked, “We’re excited to announce the addition of Aduro into our Global Asset Services community of clients. Their commitment to innovation and client service aligns with our mission to provide seamless, future-ready CLM solutions. Collectively, we will expand our capabilities to help our respective clients overcome regulatory hurdles while eliminating friction from the client and investor experience. We look forward to supporting Aduro and its clients as they navigate these new requirements with confidence, efficiency, and minimal disruption while staying ahead of future regulatory developments.”

Conclusion: A Forward-Thinking Partnership for the Future of Compliance

The partnership between Aduro Advisors and Fenergo is an excellent example of how collaboration and technology can help financial institutions stay ahead of regulatory changes. As the financial industry faces increasing regulatory scrutiny, having the right tools and systems in place is crucial for maintaining compliance and mitigating risk. With Fenergo’s AI-powered solutions, Aduro is well-equipped to navigate the challenges of the FinCEN AML rule and beyond.

By automating key compliance processes and integrating cutting-edge technology, Aduro can continue to focus on what it does best: serving its clients and supporting their investments. With Fenergo’s expertise in regulatory compliance and its future-ready solutions, Aduro is poised to remain at the forefront of the industry, helping clients navigate a complex and evolving regulatory landscape.