Fenergo, the Dublin, Ireland-based provider of client lifecycle management software for investment banks, capital market firms and private banks, reports the appointment of Colm Heffernan as chief operating officer (COO).
Industry-veteran Heffernan joins Fenergo from Adobe Systems, “where he spent 15 years in a variety of senior roles,” according to a statement. Most recently, he was senior director with Adobe Global Services, with responsibility for the strategy and direction of the $400 million division. “In Fenergo, Heffernan will be responsible for the strategic direction of Fenergo’s global professional services division, with specific remit over client success, project delivery, pre-sales, client support and client training.”
The new COO will “help us scale the business to face off to the growth demand we are experiencing,” Fenergo CEO Marc Murphy says, calling financial year 2015 “stellar” for the company.
“Our top line revenue growth of 98% last year follows growth of 102% the previous year,” Murphy says. “In the last 12 months, we doubled headcount across all our regions – New York, London and Dublin. Last September, we opened a new APAC office based out of Sydney, Australia, and re-located a team to grow the business down there. We have invested heavily in our people and our product, and on top of all this, we’re profitable and cash-generative.”
The company says it plans to recruit for “55 new positions across professional services, client support and software development” in FY16.
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