Dublin-based Client Lifecycle Management (CLM) software provider, Fenergo, has announced the launch of a fully-managed services cloud offering, Fen-Host. The new offering includes installation of Fenergo’s CLM solution, deployment, configuration and maintenance of the environment. It is expected to allow IT departments within financial institutions to focus on business-critical tasks while experiencing cloud benefits including cost savings, reliability, scalability and accelerated digital transformation.

Niall Twomey, Chief Technology Officer, Fenergo, said, “Our client engagement approach to product development means that we are highly tuned to the requirements of the financial services industry. Whilst we’ve always been able to deploy our CLM solutions in the cloud, Fen-Host is ideally suited to the needs of financial institutions today as they strive to digitally transform customer experiences.”

According to the supplier, the new solution will provide financial institutions the option to deploy Fenergo’s CLM platform while simultaneously maintaining customer-specific configuration, interfaces and processes.

Recently, DXC Technology’s company Luxoft joined the partner ecosystem of Fenergo, thereby striking an alliance with the latter.

Established in 2009, Fenergo is the digital enabler of client and regulatory technology for financial services. It provides Client Lifecycle Management (CLM) software solutions for Financial Institutions including; Corporate & Institutional Banking, Commercial & Retail Banking, Asset Management, Private Banking & Wealth Management.

by Megha Bhattacharya
Market Analyst at IBS Intelligence