Fenergo Makes Senior Appointments to Drive Future Growth

DUBLIN, Nov. 18, 2015 /CNW/ - Regulatory Technology Leader Appoints New CFO, VP EMEA and Business Development Heads for Europe, Middle East, Singapore and Tokyo  

Fenergo, the leading provider of Client Lifecycle Management software solutions for institutional banks, has today announced a number of senior appointments to its global management team as it pursues global growth and scaling.

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The company has appointed Eimer McGovern as Chief Financial Officer with overall responsibility for shaping Fenergo's global financial strategy to capture profitable growth. With over 25 years' experience, Eimer joins Fenergo from Openet, a leading supplier of business support systems to communication service providers, where she was CFO, growing annual revenue to €100m+. Prior to this, Eimer served as Finance Director of The Electric Paper Company Limited (EP) and as CFO of MindLeaders ThirdForce plc. A chartered accountant, Eimer has also held various accounting positions at PricewaterhouseCoopers.

Edward Sweigart has joined the firm as Vice President EMEA, with responsibility for managing Fenergo's growing EMEA division. Edward joins Fenergo from Jive Software, a provider of communication and collaboration solutions for business, where he was responsible for Customer Success in EMEA. Prior, Edward was Director of EMEA and Emerging Markets for Adobe Global Services and Consulting Director for Emerging Markets with EMC, with responsibility for building, leading and growing the emerging markets divisions of these companies.

Marc Murphy, Fenergo CEO, said, "We are entering the most exciting phase of Fenergo's growth so far. It is imperative that Fenergo appoints a senior team that can build on the successes achieved to date and create future sustainable growth. I am delighted to welcome Eimer as CFO. Eimer has a huge amount of experience leading rapidly scaling companies and will be critically important as we drive towards becoming a €100m company. Edward will help us to further grow our European operations as we seek to serve our expanding European clients with local teams".

Fenergo has also made four business development appointments in Europe, Middle East, Singapore and Tokyo.

• Russell Taylor has been appointed Account Director responsible for developing business in London, The Netherlands and Scandinavia. Russell's previous sales experience includes working for data companies specializing in the areas of KYC / AML / Compliance, as well as experience on the buy-side.  
• Simon Leighton-Porter has been appointed Head of Business Development for the MENA region. He has held a range of senior positions in the wholesale financial sector, including 11 years with Citigroup, and has served on a number of industry committees dealing with international securities regulation and data governance.
• Struan Lloyd has been appointed Head of Business Development, Asia, based in Singapore. Struan joins from DTCC where he was Head of Trade Repository Account Management. Previously, he spent a significant amount of time working in a senior capacity for Credit Suisse, Morgan Stanley, HSBC and Citigroup.
• Masana Seki assumes the position of Head of Business Development for Japan. With over 20 years' experience in financial services, Masana has held a number of senior positions with organizations such as Citibank, Reuters and CATS Software, and was Managing Director of Japan for Algorithmics. More recently, Masana served as an independent Business Development Consultant for various companies in the data management software space.

"The appointments of Russell, Simon, Struan and Masana, who between them have a lot of enterprise sales and financial services experience, is strategically important as we seek to respond to global demand for our solutions. Over the coming months, we will add to the number of locations being served by Fenergo. I look forward to working with our newly expanded team to create the global industry standard for Client Lifecycle Management solutions," adds Murphy.

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

Fenergo is a leading provider of Client Lifecycle Management software solutions for investment, corporate and private banks. Its solutions help institutions to efficiently manage the end-to-end regulatory onboarding and entity data management processes. Its rules-driven solution ensures compliance with multiple regulatory frameworks and supports the collection, centralization and sharing of client and counterparty data and documentation across the institution.

SOURCE Fenergo

Fiona McLoughlin, VP Marketing, Fenergo, T: [phone], E: [email protected]