FE intelligence provider fundinfo acquires fintech Dericon

Financial data company Information about FE funds has acquired Dericona wealth management fintech.

This is FE Fundinfo’s seventh acquisition in just over 3 years, the latest acquisition being fund distribution service Adjuto. The partnership, still subject to regulatory approval procedures, will allow FE fundinfo clients to have direct access to one of the largest distribution channels for asset managers in Germany.

FE fundinfo has declared its commitment to growing its German network with further planned strategic investments and product development to support domestic and international clients in the DACH markets.

Liam Healy, managing director of FE fundinfo, commented: “FE fundinfo is on a mission to strengthen its position as a long-term strategic partner to the investment management community. The Dericon team has built a solid business and, through our partnership, we further strengthen our commitment and capabilities in Germany by more clearly connecting investment product information to distributors such as banks and savings banks for our clients common and future.

“For Germany’s 50 million individual investors, this will provide the best access to the widest range of investment opportunities through Dericon’s transparent and competitively differentiated solution, powered by FE fundinfo.”

“Dericon has built a reputation as a strong, innovative and reliable digitalization partner for our customers and partners, and by serving them, we have gained a deep understanding of the German distribution market.” said Andreas Krause, Founder and CEO of Dericon.

“With FE fundinfo, we are excited to broaden our reach and bring our data and technical capabilities to the broader international financial sector. We plan to further transform our innovative WMS platform into a full-featured German distribution hub that accelerates access to market data and regulatory solutions, providing unrivaled value to customers.”

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