Fenergo

Fenergo is a leading provider of digital Client Lifecycle Management (CLM), AML/KYC Compliance and Client Data Management solutions for corporate, investment and private banks.

Fenergo provides Client Lifecycle Management (CLM) software solutions for Financial Institutions including; Corporate & Institutional Banking, Commercial & Retail Banking, Asset Management, Private Banking & Wealth Management.

Fenergo was founded in 2008 by Marc Murphy. The company is headquartered in Dublin, Dublin, Ireland. Fenergo has offices in North America (Boston, New York and Toronto), UK (London), Poland (Wroclaw), Asia Pacific (Sydney, Melbourne, Singapore, Hong Kong and Tokyo) and UAE (Abu Dhabi).

Fenergo CLM empowers financial institutions to deliver a faster, compliant and frictionless customer experience while achieving a single client view across channels, products, business lines and jurisdictions.

Fenergo has 70 global Financial Institutions as clients, its award-winning CLM suite digitally transforms how Financial Institutions manage clients; from initial onboarding to KYC/AML and regulatory compliance, to data management and ongoing lifecycle KYC reviews and refreshes. Some of its clients include BBVA, BNY Mellon, Westpac, Scotiabank and BNP Paribas.

Fenergo’s community-based approach to product development allows clients to collaborate on solution design on a global scale.

Fenergo's rules-driven solution ensures compliance with multiple global and local regulatory frameworks including AML, KYC, Tax (CRS, FATCA, 871M), OTC Derivatives (EMIR, Dodd-Frank, MiFID II, Margin Requirements) and data privacy rules (GDPR).

 

Fenergo is backed by Insight Venture Partners, ABN AMRO, DXC Technology, Aquiline Capital Partners and others. The company raised $80M in a latest round of funding on Feb 12, 2020. This brings Fenergo's total funding to $234.5M to date.

 

Fenergo was the winner of Deloitte Financial Services Innovation Award, Recognised as the leader in RegTech, in 2019.

 

 

  • Year founded: 2008
  • Funding Info: $234.5M over 4 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: $50M- $100M (2019)
  • Employee Size: 501-1000
  • Business Valuation: Valued at $800M as of Feb 12, 2020
  • City/Town: Dublin
  • State: Dublin
  • Country: Ireland
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