Wednesday, July 09 10:34:35
Irish startup, Fenergo, today announced the creation of 30 new jobs for its Dublin and Boston offices as a result of accelerated global market growth.
The global provider of Client Lifecycle Management software solutions for investment banks and capital market firms said it has won seven deals with new-named clients in the last 18 months including Bank of Montreal and Scotiabank, and has plans to enter the Asia-Pac market in the coming months.
Commenting on the jobs announcement, Marc Murphy, CEO of Fenergo, said, "Fenergo is really going from strength-to-strength due to our solid market proposition, which focuses on solving the challenges facing investment banks and capital market firms with high-quality software solutions that enable them to achieve significant benefits such as lifetime compliance with clean, centralized golden source data, operational efficiencies and improved time to revenue".
"These software solutions resonate loud and clear for financial institutions as they solve the critical pain-points currently being experienced by an industry operating in a rapidly changing regulatory environment. We're looking for bright, enthusiastic people to share our journey with us to design, develop and deliver world-class software solutions that future-proof world-leading financial institutions against an ever-evolving financial landscape," he added.
In October 2013, Fenergo attracted €4 million investment from Investec Partners and its own existing shareholder base in an effort to accelerate market growth, product development and new market entry. Earlier this year, the company opened its North American headquarters in Boston and a sales office in New York. With its global headquarters in Dublin, the company also has offices in London and Wroclaw.