RegTech firm also recognised for Best Submission for the Capability category
09 March 2016, Dublin Ireland – Fenergo, the leading provider of Client Lifecycle Managementsoftware solutions for financial institutions, has been named as one of Ireland’s ‘Best Managed’ companies in the Deloitte Best Managed Companies Awards Programme at an awards gala dinner in Dublin’s Convention Centre on 4 March 2016.
The awards event marked the eighth year of the Deloitte Best Managed Companies awards programme, in association with Barclays Bank Ireland. The awards recognises indigenous Irish companies across Ireland which are operating at the highest levels of business performance.
Commenting on the award, Colm Heffernan, COO, Fenergo said: “We are delighted to have been recognised as a Best Managed Company for the first time. This award is very much testament to the hard work and commitment that each of our 230 employees all across the world have invested in designing, developing and delivering world-class software solutions. This, together with our community based approach, means we work hand-in-hand with our clients to stay ahead of the regulatory curve and produce software solutions that solve real industry, data and regulatory issues, improve time to revenue and generate significant process efficiencies for financial institutions”.
Fenergo was also commended earlier in the day at the Deloitte Best Managed Symposium for Best Submission in the Capability category for its proactive and successful approaches to sales and marketing, raising capital, managing finances and capitalising on the use of R&D and technology.
Sixteen companies from around Ireland were awarded Best Managed status for the first time this year, following a lengthy qualification and judging process in which the complete performance of a business is assessed, moving beyond finances to such areas as operational excellence, strategy, and human resource processes. The awards also recognised:
- 11 platinum award winners that have retained their Best Managed status for seven consecutive years;
- 18 gold award winners that have retained their Best Managed status for four consecutive years;
- 70 re-qualifying companies that have upheld the standard of a Deloitte Best Managed Company, following a comprehensive review process.
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About Fenergo (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. By expediting compliance and improving operational efficiencies, Fenergo’s solutions can onboard clients faster, improve time to revenue and overall client experience. Fenergo’s most recent accolades include: FinTech Forward Company to Watch (American Banker, 2015); Chartis RiskTech 100 (Chartis Research, 2016 and 2015), Best Enterprise Data Management (Inside Reference Data, 2014).
About Deloitte Best Managed Companies Awards
The Deloitte Best Managed Companies programme, in association with Barclays Bank Ireland, promotes and recognises excellence in Irish owned and managed companies. It is the only awards scheme on the island of Ireland that considers a business’ performance from every perspective. Entrants to the programme will compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices. Programme sponsors are Barclays Bank Ireland, the Irish Management Institute and the Sunday Business Post. For further information, visit www.deloittebestmanaged.ie. The Best Managed Companies Programme originated in Canada in 1993, where it has been run successfully ever since and is the country’s leading business awards programme. In addition to Ireland and Canada, the programme is also run in The Netherlands and Mexico.
Barclays is an international financial services provider engaged in personal, corporate and investment banking, credit cards and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way. With 325 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Follow us on twitter at www.twitter.com/BarCorp_News For further information about Barclays Corporate Banking, please visit our website www.barclayscorporate.com