Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Top Stories > FENERGO ANNOUNCES APPOINTMENT OF ADOBE SENIOR GLOBAL EXECUTIVE AS COO

FENERGO ANNOUNCES APPOINTMENT OF ADOBE SENIOR GLOBAL EXECUTIVE AS COO

Published by Gbaf News

Posted on April 17, 2015

3 min read

Last updated: January 22, 2026

Colm Heffernan appointed COO at Fenergo, enhancing client lifecycle management - Global Banking & Finance Review — Colm Heffernan, former Senior Director at Adobe, joins Fenergo as COO to lead Global Professional Services and enhance client success in the financial sector.

Senior appointment made following 100% growth in last financial year due to rising demand for client lifecycle management, regulatory onboarding and entity data solutions

Fenergo, the leading provider of Client Lifecycle Management software solutions for investment banks, capital market firms and private banks has announced the appointment of Colm Heffernan as Chief Operating Officer (COO) of the fast-growing company.

With over three decades of industry experience, Heffernan joins Fenergo from Adobe Systems, where he spent 15 years in a variety of senior roles. Most recently, he was Senior Director with Adobe Global Services, with responsibility for the strategy and direction of the $400m Global Services 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.

Speaking on the appointment, Marc Murphy, CEO of Fenergo, said “I am very pleased to welcome Colm to the Fenergo team. Colm brings a huge amount of experience to Fenergo and the role of COO, which will help us scale the business to face off to the growth demand we are experiencing. This is really good news for our clients as he will be primarily focused on delivering a world-class service to all Fenergo clients”.

Heffernan’s appointment comes as Fenergo enters a new financial year with strong anticipated growth.

Colm Heffernan

Colm Heffernan

“Financial year 2015 was a stellar year for us,” says Murphy. “Our top line revenue growth of 98% last year follows growth of 102% the previous year. 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 relocated a team to grow the business down the there. We have invested heavily in our people and our product, and on top of all this, we’re profitable and cash-generative”.

Murphy attributes the company’s continued growth to the regulatory and data challenges being faced by financial institutions and the rising demand for regulatory onboarding and client lifecycle management solutions. In March 2015, Fenergo published the results of a research study which found that institutional client onboarding can take up to 34 weeks and cost up to $25,000 per client, with data quality, operational efficiencies, regulatory compliance and client experience representing the biggest challenges.

“Investment banks, corporate banks, private banks – any bank that has to onboard an institutional client is struggling to do it efficiently and compliantly in a timely manner,” explains Murphy. “They need to be able to manage this end-to-end process on a single platform – from entity data, to regulatory compliance, to client onboarding to ongoing lifecycle management. That’s why they are turning to Fenergo.”

Fenergo’s business outlook for FY16 will see the company recruiting for 55 new positions across professional services, client support and software development.