FinTech company to create 200 jobs in Dublin
Fenergo, a provider of Client Lifecycle Management software solutions for investment, corporate and private banks, has announced the creation of 200 new jobs, bringing its total global employee base to 500.
The new positions, supported by the Department of Jobs through Enterprise Ireland, are across many areas of the business and will begin immediately with all positions to be filled over the next 12 to 18 months.
Speaking at the jobs announcement event held in its global headquarters in Dublin’s Docklands, Marc Murphy, CEO, Fenergo, said: “I am delighted to announce the creation of 200 new high value jobs for the Irish economy. The demand for Fenergo’s Client Lifecycle Management technology solutions is global and immediate, driven by regulatory change and banks’ desires to be able to comply fully with new and enhanced regulations, whilst achieving operational cost efficiencies and delivering superior client experiences. We anticipate continued significant growth across all of the regions we serve – Americas, Europe, UK, APAC and the Middle East – over the next 36 months.
“To help us meet this global demand, we are looking for the smartest, most dedicated and talented people to join the team to help us continue to improve this world-class business that we have built. By joining the Fenergo team, this new talent will be part of a journey to build a global Irish technology company that is at the forefront of developments in robotics and artificial intelligence for financial technology.”
With ambitions to IPO the company by 2020, Fenergo is well on its way to achieve this given its growth over the last five years, averaging over 100% year-on-year. During this time, Fenergo has signed new named deals with world-leading financial institutions including HSBC, UBS, BNY Mellon, Scotiabank, Bank of Montreal, BBVA, Westpac, RBS, RBC, SunTrust and Nikko Americas. The company is also expecting another stellar sales performance this year.
Fenergo has also opened six new offices across the world including New York, Boston, Sydney, Singapore, Japan and Abu Dhabi and relocated its Dublin, London and Boston headquarters to cater for its growing number of personnel. Most recently, the company took up residence in a 21,000 sq feet building in Dublin’s Point Village.