Fenergo Expands into Private Banking and Wealth Management

Fenergo Expands into Private Banking and Wealth Management
06.11.2018 08:35 am

Fenergo Expands into Private Banking and Wealth Management

Wealth Management , Banking

Fenergo, the leading provider of Client Lifecycle Management solutions (CLM) and services for financial institutions, has announced its expansion into Private Banking and Wealth Management, with the creation of a new division lead by Steve D’Souza.

The establishment of this new Private Banking and Wealth Management division directly aligns with Fenergo’s market expansion strategy and its objective to deliver value-adding, innovative and proven CLM services to financial institutions. Steve will report directly to Fenergo’s CEO Marc Murphy and will be based in London.

“The creation of this division demonstrates our commitment to growing the business even further and extending our award-winning CLM platform to new market segments,” said Fenergo CEO, Marc Murphy. “This division will build on the successes we have already achieved in the Corporate and Institutional Banking (CIB) space and will allow us to enhance and develop our proposition to Private Banking and Wealth Management clients further.”

Commenting on his appointment, Steve D’Souza said: “Fenergo has proven its ability to bring CLM technology to the CIB sector and our goal is to extend and enhance our onboarding and unique regulatory capabilities to Private Banking and Wealth Management professionals. These firms are encountering greater competition for customers, and by using Fenergo to streamline their processes and workflows, they can reduce costs and ensure better and faster customer experiences.”

Marc Murphy added: “We will continue to invest in our core CLM platform and will now enhance its capabilities to better serve this new segment. Mirroring our recently announced activity in the asset management space our aim is to engage with market practitioners through the Fenergo Global Regulatory Forum. The forum will allow us to better understand their needs, extend our world-class services based on their preferences and drive mutually beneficial growth for all parties.”

Steve’s 35-year career encompasses roles at Unisys, Odyssey, Parity, Propero and TCA Consulting before setting up Sales Kinetics in 2008. During his time at Sales Kinetics he has worked with over 25 IT firms driving and creating revenue in the UK and Switzerland. His successes include sales into Brewin Dolphin, Quilter, Brooks Macdonald as well as the LGT Group.

Related News

Axia Suite 2.1 released with new functional features

Profile Software, an international financial solutions provider, announced today the launch of its recently enhanced Axia Suite release 2.1... Read more »

Profile expands its Partner Network in Europe and Asia

Profile Software, an international Financial solutions provider, announced today that over the past year, it has significantly expanded its Global Partner Network with new... Read more »

Smith & Williamson adopts Avaloq’s SaaS solution

Smith & Williamson, the UK-based financial and professional services firm, has further enhanced its relationship with international fintech leader Avaloq by adopting its... Read more »

Objectway Acquires Algorfin From Unione Fiduciaria

Objectway, the leading Fintech group in Italy and one of the premier European players in software and services for the wealth, investment and asset management industries,... Read more »

CreditEase Wealth Management receives Four Awards at the Asian Private Banker Awards for Distinction 2018 as the Biggest Chinese Institution Winner

Asian Private Banker, a renowned private bank and wealth management research house in Asia Pacific, awarded CreditEase Wealth Management the Best Wealth Manager for Digital... Read more »

Orowealth acquires the WealthTrust platform

Orowealth, one of India's leading Direct Mutual Fund platforms, today announced that it has acquired the WealthTrust platform, including the product and all its users.... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App