Cybersecurity · head to head
Fenergo vs Fig
Fenergo
Cybersecurity
Client lifecycle management and KYC onboarding for regulated financial institutions
- From
- On request
- Free plan
- No
F
Fig
Developer Tools
IDE-style autocomplete for your existing terminal
- From
- Free
- Free plan
- Yes
The short version
- Only Fig has a free tier, so it costs nothing to try first.
- Each has a real cost: Fenergo implementations commonly run twelve to twenty-four months and depend on a systems integrator, so the services cost frequently exceeds the software subscription in year one.; Fig shut down on 1 September 2024. Amazon acquired Fig in August 2023 and folded it into Amazon Q Developer, which now carries the terminal autocomplete
- Prices and features above were last checked on 1 September 2026.
Where they differ
Only the attributes on which Fenergo and Fig actually diverge.
Identical on both: platforms (Web), user rating (Not yet rated).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Fenergo
- Regulatory rules library
- Digital onboarding
- Perpetual KYC
- Entity data model
- Screening orchestration
- Case management
Only in Fig
Nothing recorded that Fenergo does not also cover.
What people use each for
The jobs each tool is most often brought in to do.
Fenergo
- A bank operating in twenty jurisdictions that cannot keep local KYC requirements current across separate regional teamsnot Fig
- A custodian moving from calendar-based periodic review to event-driven perpetual KYC to cut analyst headcountnot Fig
- An asset manager onboarding funds and trusts where the ownership hierarchy defeats generic identity verification toolsnot Fig
- A payments institution facing a regulatory remediation order and needing a defensible audit trail of every client reviewnot Fig
Fig
No use cases recorded yet. See the Fig review.
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Fenergo
- Implementations commonly run twelve to twenty-four months and depend on a systems integrator, so the services cost frequently exceeds the software subscription in year one.
- It orchestrates screening but does not supply the sanctions, PEP or adverse media data, so you still buy Dow Jones, LexisNexis or World-Check separately and those fees are per screened entity.
- The entry price is set for institutions with large onboarding volumes, which puts it out of reach of smaller banks and fintechs that would otherwise benefit from the rules library.
- Configuration is deep and specific, which makes upgrades between major versions a project rather than a patch, and some customers stay on old releases for years.
- The rules library covers regulatory requirements, not your internal risk appetite, so the policy tuning that determines whether onboarding actually gets faster remains your work.
Fig
- Shut down on 1 September 2024. Amazon acquired Fig in August 2023 and folded it into Amazon Q Developer, which now carries the terminal autocomplete
- The standalone desktop app is no longer available or supported
- The completion specs remain open source on GitHub, but the product that consumed them is gone
Pricing, plan by plan
Fenergo
On request- Fenergo Client Lifecycle Management$undefined/year
- Priced by institution size, jurisdictions in scope and modules licensed
- Regulatory rules content subscription bundled into the annual fee
- Implementation delivered by Fenergo or a systems integrator and quoted separately
Fig
FreeNo published plan breakdown. See the Fig review.
Which should you pick?
Questions people ask
- Is Fenergo or Fig better?
- Neither clearly leads. Fenergo starts at On request and Fig at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Fenergo or Fig?
- Fig has a free tier; the other does not. Paid plans start at On request for Fenergo and Free for Fig.
- Does Fenergo or Fig run on more platforms?
- Both run on Web, so platform support will not decide this one for you.
- Can I use Fig for free?
- Yes. Fig has a free tier, so you can try it without paying. Fenergo starts at On request.
- What is Fenergo best used for?
- Fenergo is most often used for a bank operating in twenty jurisdictions that cannot keep local kyc requirements current across separate regional teams, a custodian moving from calendar-based periodic review to event-driven perpetual kyc to cut analyst headcount, an asset manager onboarding funds and trusts where the ownership hierarchy defeats generic identity verification tools, a payments institution facing a regulatory remediation order and needing a defensible audit trail of every client review. Of those, a bank operating in twenty jurisdictions that cannot keep local kyc requirements current across separate regional teams and a custodian moving from calendar-based periodic review to event-driven perpetual kyc to cut analyst headcount are not what Fig is typically brought in for.
- What can Fenergo do that Fig cannot?
- Fenergo covers Regulatory rules library, Digital onboarding, Perpetual KYC, Entity data model.
Answered from the vendors’ own pages
Fenergo: Does Fenergo do the sanctions screening itself?
No. It orchestrates calls to third-party data providers such as Dow Jones and World-Check, and those subscriptions are additional and usually charged per screened entity.
Fenergo: Is it SaaS or on-premises?
Both. The SaaS offering runs on Microsoft Azure with regional deployment options, which matters where data residency rules prohibit client data leaving the jurisdiction.
Fenergo: How long does a deployment take?
Plan for a year at minimum for a multi-jurisdiction rollout. Single-jurisdiction deployments with a narrow product set can be shorter but rarely under six months.
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- Fig vs Warp
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- Fig vs Xlinesoft
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