Asia Fintech Regtech

Fenergo To Expand Across APAC With New Appointment Amid Riding RegTech Demand

Fenergo, a provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, has announced 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.

Commenting on his new role, Gary Brookes said: “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 makes it perfectly placed to support the specific needs of financial institutions in APAC and I’m excited be joining at this growth juncture.”

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

Paul Kavanagh, Chief Revenue Officer, Fenergo, said: “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.”

Author

  • Polly is a journalist, content creator and general opinion holder from North Wales. She has written for a number of publications, usually hovering around the topics of fintech, tech, lifestyle and body positivity.

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