FE fundinfo, a leader in financial data services, has acquired Dericon, a fintech company specializing in wealth management.
This acquisition marks FE fundinfo’s seventh in just over three years, following its recent purchase of the fund distribution service Adjuto. Subject to regulatory approval, this partnership will provide FE fundinfo’s clients with direct access to one of Germany’s largest distribution channels for asset managers.
In a statement, FE fundinfo expressed its commitment to expanding its presence in Germany with additional strategic investments and product developments aimed at supporting both domestic and international clients in the DACH region (Germany, Austria, and Switzerland).
Liam Healy, CEO of FE fundinfo, commented: “Our mission is to reinforce our position as a long-term strategic partner to the investment management community. Dericon’s team has built a robust business, and our partnership will enhance our capabilities in Germany by better connecting investment product information to distributors such as banks and savings banks for our mutual and future clients. This will provide Germany’s 50 million individual investors with the best access to a wide range of investment opportunities through Dericon’s transparent and competitively differentiated solutions powered by FE fundinfo.”
Andreas Krause, Founder and Managing Director of Dericon, added: “Dericon has established itself as a strong, innovative, and reliable digitalization partner for our clients and partners. Joining forces with FE fundinfo allows us to extend our reach and bring our data and technical capabilities to the broader international financial industry. We plan to develop our innovative WMS platform into a comprehensive German distribution hub that accelerates access to market data and regulatory solutions, providing unmatched value for our clients.”
Source: tech.eu
