Fenergo Bolsters APAC Presence amid Rising Demand for RegTech Amongst Financial Institutions

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24 February 2021
Singapore, Hong Kong

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today announces the appointment of Gary Brookes, Head of Sales in Asia. Gary will spearhead growth and execute Fenergo’s cloud strategy across the Asian continent.

Brookes brings an extensive background in driving revenue for disruptive and fast growth technology firms across Asia and Australia. Gary will expand Fenergo’s sales presence in Singapore, Tokyo and Hong Kong and will be responsible for growing and strengthening Fenergo’s partner ecosystem to boost market share and accelerate implementation. Brookes will further establish Fenergo’s presence in capital markets while accelerating growth in commercial, business, retail and private banking as firms seek to accelerate digital transformation and automate Know your Customer (KYC) and anti-money laundering (AML) compliance processes.

Our research shows that financial institutions (FIs) in APAC were fined more than anywhere else in the world at USD $5.2 billion in 2020. They are under unprecedented pressure to satisfy regulatory requirements while meeting high customer expectations for a frictionless end-to-end client experience. Fenergo’s deep expertise in financial services, market leading CLM solution and regulatory rules engine covering 100 jurisdictions make it perfectly placed to support the specific needs of financial institutions in APAC and I’m excited be joining at this growth juncture.

Gary Brookes commenting on his new role

The increasingly active regulatory environment combined with the impact of the pandemic has triggered high demand for our CLM solutions amongst APAC FIs. We are delighted to welcome Gary who will deliver on our promise to provide cloud-based CLM solutions that enable FIs to automate compliance processes, deliver frictionless client journeys and accelerate time to revenue.

Paul Kavanagh, Chief Revenue Officer, Fenergo

Gary has previously fulfilled sales leadership roles at Datasite, eFront and Ansarada.

News article details

Industry
Capital Markets, Corporate Banking, Retail Banking, Wealth Management
Media Type
News Articles, Press Releases
Geographic Focus
Asia-Pacific