Business News

Meet our Elevation Award finalists: Fenergo Limited, future-proofing client lifecycle management

By Business & Finance
04 December 2023
A photo of Mike Murphy, CEOf at Fenergo, standing with his hands crossed. The Fenergo logo is visible on the back wall.
Pictured: Marc Murphy, Co-Founder and CEO, Fenergo.

Fenergo Limited, one of the companies nominated for the prestigious Elevation Award, in association with Enterprise Ireland, aims to future-proof client lifecycle management.


Fenergo Limited’s aim is “future-proofing client lifecycle management.” Its solution, Fenergo Client Lifecycle Management (CLM), facilitates any client type with any product type, digitally transforming and streamlining end-to-end client lifecycle management processes. 

This incorporates regulatory onboarding, data integration, client and counterparty data management, compliance reviews and remediation, and client offboarding. This SaaS, API-first solution builds on Fenergo’s technology to make the client lifecycle more efficient, compliant, and digital. 

Founded in 2009, and headquartered in Castleforbes House, Dublin, Fenergo has gone from strength to strength. Chief Strategy and Marketing Officer, Stella Clarke, has built out a robust strategy and product marketing function.

Expanding Market

In April 2022 Fenergo expanded its geographic reach by bringing new offerings to market: Perpetual KYC, ESG Compliance and Product Enablement Acquired Sentinels. 

By extending its product portfolio Fenergo has enlarged its addressable market. Sentinels’ transaction monitoring solutions are purpose-designed to detect and eliminate criminal transactions fast and at scale, and clients and FIs will be able to combine rich KYC profiles with client behavioural data for continuous and granular KYC monitoring. This will ensure that the most appropriate due diligence is exercised.

Sentinels can also address market opportunities in a new segment (Fintech/Payments/Crypto) that call for single vendor solutions for client-lifecycle-management and financial-crime-risk mitigation.

GTM Asia and Machine Learning

In 2023, Fenergo launched GTM Asia with specific focus areas being Singapore, Hong Kong, Japan, Australia, and New Zealand.

In a constructive manoeuvre to stay up-to-date with the latest technologies, Fenergo aims to use artificial intelligence and machine learning to automate all aspects of client lifecycle management, decision-making and business processes to create an intelligent CLM platform

Fenergo will also orchestrate data from any 3rd party system, match and merge it into a single entity profile and create a data model that is easy to interpret and map into downstream and upstream systems.

Over the years, Fenergo has proven its ability to develop innovative, digital solutions that equip financial institutions with the tools to navigate the highly complex regulatory environment and fight financial crime, transform client operations, accelerate growth, and enhance client experience, through SaaS solutions that transform and future proof CLM processes.

Business & Finance Awards Elevation Award

The Elevation Award category was launched in 2018, in partnership with Enterprise Ireland. This award recognises Irish companies that are fast-growing and with significant potential to continue to scale globally. The Award complements the well-established Company of the Year Award.

Previous winners of the prestigious prize include Portwest in 2018, Wisetek in 2019, Aerogen in 2020, APC ltd. in 2021, and FINEOS in 2022.

Attend the Awards

The award ceremony holds an important date for Irish and international business and political leaders as we recognise those paving the way for business excellence on the island of Ireland and beyond. Given demand, table availability is limited – for further information Contact Zoe.Metro@businessandfinance.com  – for Partnership opportunities contact brian.kearns@businessandfinance.com.

For more information on the 49th annual Business & Finance Awards see www.businessandfinanceawards.com


MEET OUR ELEVATION AWARD FINALISTS:

Siren, transforming investigations for law enforcement and national security globally

XOCEAN, a leading provider of carbon-neutral ocean data

GridBeyond, future-proofing energy systems of tomorrow

Integrity360, trusted security advisor for over 3,000 clients