Pictured: Marc Murphy, Co-founder and CEO, Fenergo.
Marc Murphy, Co-founder and CEO of Fenergo, is the Business & Finance Business Person of the Month for July 2022, in association with KPMG.
Written by Miguel Marinovic Sfeir.
Marc Murphy is the CEO and Co-founder of Fenergo, which enables financial institutions to accelerate business growth through innovation, community and data intelligence. They develop technology solutions that allow financial institutions to digitally transform their end-to-end client lifestyle processes, deliver digital customer journeys, and manage the regulations introduced as a result of the Subprime crisis.
Mr Murphy is a software engineer with more than 20 years of experience. He studied for his BSc and MBA at Dublin City University. He worked in Ergo, a leading IT solutions provider, for over eleven years before founding Fenergo.
In April, Fenergo announced the acquisition of the Dutch compliance tech company Sentinels, aiming to help its clients boost anti-money laundering efforts. It is the first acquisition done by the firm since it was founded in 2009.
Also, Chartis Research recognised Fenergo as the winner in three award categories in the RiskTech100 2022. Fenergo also climbed four places to number 29 in the industry ranking among major global players in risk and compliance technology.
In May 2021, Fenergo sold most of its shares for approximately €500 million, valued at €966 million and achieving unicorn status. Their headquarters are in Dublin, Ireland, and they also have offices in North America, the UK, Europe, Africa, Asia Pacific and the UAE.
Business & Finance, Business Person of the Month
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