KPMG Luxembourg and Finologee have joined forces to reshape how digital regulatory compliance is delivered across Luxembourg’s financial sector. The combination of KPMG’s extensive regulatory and operational expertise with Finologee’s robust RegTech platform, KYC Manager, offers financial institutions and service providers a seamless, wide-ranging capability for mastering AML/KYC compliance.
In a market where regulatory complexity continues to rise, this initiative delivers what many have been waiting for: smarter compliance, streamlined operations, and reduced risk - all in one combined approach. More than just advisory. More than just technology. KPMG and Finologee are among the pioneering first movers in Luxembourg, working to fill the gap between strategy and execution. They offer a unique value proposition that goes far beyond traditional consulting and standalone software.
KYC Manager, Finologee’s regulatory compliance platform, used by major banking, insurance, and asset management firms, is specifically designed to increase client and stakeholder interactions throughout onboarding, lifecycle management, and distribution processes. It enables secure data exchange, automates workflows, and improves operational oversight, all while ensuring compliance with complex regulatory requirements.
The platform is built to accommodate multi-entity operations, layered teams, and complex processes, making it particularly well-suited for financial institutions that operate in highly regulated environments. Hosted and operated by Finologee under its Luxembourg Support PSF license, it requires no additional on-premise software or hardware installation, and can be accessed either via secure web browser connections or through integration with existing IT and operational systems using its APIs.
KPMG Luxembourg acts as a strategic advisor for financial institutions looking to modernize and optimize their compliance frameworks through digital transformation. Leveraging on its extensive industry knowledge and consulting expertise, KPMG assists clients in assessing and implementing digital systems effectively. Incorporating KYC Manager into its offerings allows KPMG to provide clients with a top-tier tool that enhances onboarding and lifecycle management, merging regulatory expertise with a secure digital platform for more effective compliance practices.
Financial institutions can reduce onboarding friction, improve the consistency and reliability of compliance data, and manage lifecycle and remediation activities more efficiently by leveraging the combined strengths of KPMG and Finologee. The combination of advanced technology and regulatory expertise significantly boosts the oversight and execution of compliance processes. This holistic approach supports the development of robust, future-ready compliance functions capable of adapting to evolving regulatory requirements and industry challenges.
Finologee is one of Luxembourg’s leading digital finance platform operators. The company facilitates the financial industry’s quest for optimisation and innovation with its digital platforms for bank & account management (LYNKS), KYC/AML (KYC Manager), bank compliance (PSD2 for Banks & CEDRS) and mobile payments (Payconiq). Finologee serves more than 50 banks and institutions with its unique Software-as-a-Service toolkit placing user experience, technology and compliance at the core of the business, Finologee’s founders have been blazing a trail for FinTech ‘made in Luxembourg’ since 2006. With a staff of 35, the company is ISO 27001 certified and is operating as a regulated financial services professional under a ‘Support PFS’ licence granted by the Ministry of Finance.
For further details, please visit: www.finologee.com | victoria.doeringer@finologee.com
