Fenergo Enhances Board of Directors With Two Financial Software Industry Veterans
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Fenergo Enhances Board of Directors With Two Financial Software Industry Veterans

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Fenergo Enhances Board of Directors With Two Financial Software Industry Veterans PR Newswire DUBLIN, June 12, 2012 DUBLIN, June 12, 2012 /PRNewswire/ -- Former Norkom Technologies CEO, Paul Kerley, becomes Non- Executive Director and former Detica NetReveal Group Financial Controller joins as Chief Financial Officer Fenergo, a global leader in client onboarding

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Fenergo Enhances Board of Directors With Two
Financial Software Industry Veterans
PR Newswire
DUBLIN, June 12, 2012
DUBLIN
,
June 12, 2012
/PRNewswire/ --
Former Norkom Technologies CEO, Paul Kerley, becomes Non-
Executive Director and former Detica NetReveal Group Financial
Controller joins as Chief Financial Officer
Fenergo, a global leader in client onboarding compliance solutions for the
financial services industry, has today announced the appointment of two key
additions to its board of directors. Former CEO of Norkom Technologies, Paul
Kerley, joins Fenergo as non-executive director, along with Ruth Fletcher as
Chief Financial Officer and Company Secretary, formerly Group Financial
Controller of Detica NetReveal.
Having served as the CEO of Norkom Technologies from its inception in 1998
until its acquisition by BAE Systems for €217 million in 2011, Kerley's experience
of the global financial services software industry will aid Fenergo's ambitious
global growth strategy. During his tenure in Norkom, Kerley pursued an
aggressive growth strategy, achieving year-on-year profitability through
organic and acquisitive growth, taking the company public in 2006 following a
successful IPO. Kerley currently serves as non-executive director for two Irish
software companies, SmartBin and MindConnex Learning.
With over 20 years' experience, Fletcher was Group Financial Controller for
Detica NetReveal, formerly Norkom Technologies, where she had overall
responsibility for financial performance reporting, global tax compliance,
budget setting, and revenue and backlog forecasting. During her tenure in
Norkom, she played a strategic role in the sale of the company to BAE Systems
in 2011, was heavily involved in the takeover of two companies in 2004 and
2007, and played a key role in the preparation of the company for its flotation
on both the Irish (ESM) and
London
(AIM) stock exchanges in 2006. Fletcher is a
Fellowship member of the ACCA and holds a diploma in Management.
According to Marc Murphy, CEO of Fenergo, "I am delighted to announce the
appointments of both Paul and Ruth to our board of directors. Fenergo has
ambitious plans to expand our global footprint in the financial services industry
and become a global leader in client onboarding lifecycle management
software solutions for corporate, investment and private banks. With their vast
experience scaling financial software companies into global market leaders,
Paul and Ruth will play a vital part in shaping the future of Fenergo".
This announcement follows the recent appointment of Harold Perez as Head of
Product Management for Fenergo.
About Fenergo (http://www.fenergo.com)
Fenergo is a global leader in client onboarding lifecycle management software
for corporate, investment and private banks. Its award-winning solutions
include onboarding compliance, legal entity data management
,
product
onboarding, client servicing, and credit mitigant & collateral management.
These market-leading solutions ensure full compliance with risk and regulatory
obligations for Client Due Diligence (CDD) / Know Your Customer (KYC) at client
take-on and ongoing due diligence stages. Its technologies enable an enhanced
client experience by providing faster onboarding
,
improved client set-up times
and reduced administration costs
.
Fenergo's Client Onboarding and Account
Management solutions were awarded the 2012 Good Accredited System
standard, which measures customer satisfaction across a number of system
and service criteria.
For further information, please contact:
Fiona McLoughlin, Head of Marketing, Fenergo
T:
+353-1-856-5915
E:
fiona.mcloughlin@fenergo.com