Fenergo Expands North American Sales Team Amid Rising Demand for its Regulatory Onboarding & Entity Data Solutions

NEW YORK, January 14, 2015 /PRNewswire/ --

Fenergo has today announced the expansion of its North American sales team as a result of continued demand for its Client Lifecycle Management, Regulatory Onboarding and Client & Counterparty Data Management solutions by investment banks and capital market firms.  

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Andrew Wolf has been appointed Account Director for North America. Having cultivated his career in fintech, Andrew spent five years with Asset Control as Director of Sales for the Americas and has also held senior sales leadership roles with firms including BondEdge (Interactive Data), Algorithmics and Predictive Alpha.

Marc Murphy, Fenergo CEO, said, "I am delighted to welcome Andrew to our growing team. This is a challenging time for investment banks and capital market firms, who are under huge pressure to comply with new and enhanced regulatory compliance and entity data demands. However, it is also a very exciting time for Fenergo, as our solutions go right to the heart of solving core operational, compliance, entity data and onboarding challenges being faced by financial institutions. Andrew brings an enormous wealth of industry knowledge and market experience to this position and I have no doubt he will play a vital role in contributing to Fenergo's success in North America".

Fenergo announced the opening of its North American headquarters in Boston early last year, which houses Fenergo's Professional Services teams. This was followed shortly after by the opening of its New York sales office in which Andrew will be based. In November, the company won an award honoring its Outstanding Achievement in International Growth.

Commenting on his appointment, Andrew Wolf, said, "I am delighted to be joining such a vibrant and fast-growing company. Fenergo has achieved significant success in the market with the signing of a significant number of new clients over the last 18 months. Fenergo's proposition makes complete sense for any investment bank or capital markets firm trying to manage the multitude of regulatory demands while striving to keep a focus on the actual business of banking".

About Fenergo (http://www.fenergo.com):

Fenergo is an award-winning provider of enterprise Client Lifecycle Management platform solutions designed to help financial institutions to manage the end-to-end regulatory onboarding process - from onboarding, to management of client and counterparty data and regulatory compliance with existing and emerging regulations.These solutions simplify and rationalize often complex operational interactions of client lifecycle management by orchestrating onboarding, regulatory compliance and KYC activities across all touch-points within the bank. Fenergo's accolades include Outstanding Achievement in International Growth (ISA, 2014), Best Enterprise Data Management (Inside Reference Data, 2014), Technology Innovation of the Year Award (ISA, 2013) and Best Customer Onboarding Solution (Compliance Register, 2012). For more information on Fenergo's Regulatory Onboarding solutions, check out its new animated video illustrating the Regulatory Onboarding process - http://www.youtube.com/watch?v=HWMLXXJU-RY.

For more information, please contact:
Fiona McLoughlin, VP Marketing, Fenergo
T: +353-1-9013600 
E: [email protected] 

SOURCE Fenergo