New Dublin jobs from Fenergo
Irish-run financial technology company Fenergo is to create 200 jobs in Dublin over the next 12 to 18 months. The company is based in the city's Docklands and the new roles will bring the company's total employment to 500.
The new positions are being supported by the Department of Jobs through Enterprise Ireland and include new jobs in software engineering, product management, consulting and marketing. Fenergo is owned by Irish investors and a New York private equity company. The company's clients include Bank of Montreal, HSBC, UBS, BNY Mellon and Royal Bank of Scotland.
It has recently opened six new offices around the world, including New York, Boston, Sydney, Singapore and Abu Dhabi.
Fenergo's chief executive Marc Murphy said he is anticipating significant growth in the US, Europe and Asia.
"The demand for Fenergo's technology solutions is global and immediate, driven by regulatory change and banks' desires to be able to comply fully with new and enhanced regulations, whilst achieving operational cost efficiencies and delivering superior client experiences," Mr Murphy said.
"We anticipate continued significant growth across all of the regions we serve - Americas, Europe, UK, APAC and the Middle East - over the next 36 months," he added.
Mr Murphy also admitted the biggest challenge for the company will be getting the staff to fill the roles to fuel the expansion.
Julie Sinnamon, CEO of Enterprise Ireland, said that Fenergo is fast becoming the industry standard for Client Lifecycle Management solutions for banks across the world and is a great example of an Irish Fintech company with global ambition.
CLIENTS WHO TRUSTOUR SOFTWARE SOLUTIONS
Our main ambition is to streamline the end-to-end client lifecycle management process – from onboarding to regulatory compliance to lifecycle reviews – for all of our jurisdictions and to standardize processes and procedures across different divisions. Fenergo will help us to achieve operational efficiencies and improve our customer experience, whilst maintaining the highest level of regulatory compliance across the globe
Emma Rey Gállego Head of Customer Experience-Onboarding in CIB BBVA
The global regulatory challenge is one that continues to evolve and grow. It’s more of a journey than a destination. Therefore, it is important to find the right solutions partner to travel along that journey with you and provide the guidance needed to navigate the path ahead. We found such a partner in Fenergo
Faham Rashid Director, Operations & Technology for Global Banking & Markets division Scotiabank
We chose Fenergo’s solutions because they will enable us to meet the increasing complex regulatory frameworks with an efficient and client-centric onboarding experience