DUBLIN, Oct. 14, 2015 /CNW/ - Fenergo, the leading provider of Client Lifecycle Management software solutions for investment banks, capital market firms and private banks, was named a FinTech Forward "Company to Watch" by American Banker and BAI at the BAI Retail Delivery Conference in Las Vegas.
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Selected by an advisory board that is comprised of industry experts from BAI, SourceMedia and other financial institution leaders, the Companies to Watch recognizes organizations with compelling new offerings and solid business models. Fenergo is one of 25 companies featured in the 2015 FinTech Forward Special Report, available at http://www.fintechforward.com.
"We are committed to scaling our business and investing in our solutions to serve the needs of financial institutions around the globe. Being recognized as a "Company to Watch" is a reward for those efforts and is a reminder of how bright the future is for Fenergo," said Marc Murphy, CEO of Fenergo. "Our focus will remain fixed on supporting our clients' Regulatory Onboarding and Client Lifecycle Management processes so that they remain in compliance with current regulations and are future-proofed against new or evolving regulations."
Headquartered in Dublin, Ireland, Fenergo has experienced year-over-year growth of 100 percent in the past three years. Its Client Lifecycle Management and Regulatory Onboarding solutions centralize client and counterparty data to support regulatory compliance, allowing financial institutions to onboard clients efficiently and quickly and ensure legal entity compliance through the client's full lifecycle with the bank. Fenergo recently expanded to serve clients in London, New York, Boston, Sydney and Wroclaw and works with prominent global financial institutions, such as State Street, Scotiabank, Bank of Montreal, SunTrust and Royal Bank of Canada.
About Fenergo (http://www.fenergo.com):
Fenergo is an award-winning provider of enterprise Client Lifecycle Management platform solutions designed to help financial institutions to manage the end-to-end regulatory onboarding process - from onboarding, to management of client and counterparty data and regulatory compliance with existing and emerging regulations. In 2015, Fenergo made its debut on the Chartis RiskTech100®, the list of the top 100 risk technology providers in the world. In 2014, the company picked up the award for Best Enterprise Data Management Initiative from Inside Reference Data and was awarded Outstanding Achievement in International Growth by the ISA. Other accolades include Technology Innovation of the Year (ISA, 2013) and Best Customer Onboarding Solution (The Compliance Register, 2012).
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