Acquisition

FE fundinfo acquisition news – Financial Data Company FE fundinfo Acquired Dericon

May 22, 2024 | By Startup Rise EU

London-based FE fundinfo, an international asset management technology and data company connecting the investment industry with its distribution partners in the UK, Europe and Asia Pacific, today continues its European expansion* with the acquisition from Dericon, a Frankfurt-based pioneer of the fintech industry in the German securities business.

London-based FE fundinfo, an international asset management technology and data company connecting the investment industry with its distribution partners in the UK, Europe and Asia Pacific, today continues its European expansion* with the acquisition from Dericon, a Frankfurt-based pioneer of the fintech industry in the German securities business.

SUMMARY

  • FE fundinfo is a leading asset management technology and data company connecting asset managers.
  • Dericon is an independent and established FinTech company based in Frankfurt am Main.

The partnership, which is still subject to regulatory approval**, gives FE fundinfo customers direct access to one of the largest sales channels for asset managers in Germany and at the same time significantly expands the company's capacity in the region.

Dericon has developed a comprehensive distribution center for financial products that is used by over 150 leading banks and global investment houses in their securities and advisory processes.

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With the innovative web-based solution Dericon WMS, the company supports the legally compliant use of investment products, the supply of its customers with data and compliance with the growing regulatory requirements in Germany and the EU.

Liam Healy, Chief Executive of FE fundinfo, said: “FE fundinfo is committed to expanding its position as a long-term strategic partner for the investment management community. The Dericon team has built a high quality business and through our partnership we will further strengthen our commitment and capabilities in Germany by even more clearly connecting information about investment products with distribution partners such as banks and savings banks for our mutual and future customers. For the 50 million private investors in Germany, this means the best access to a wide range of investment opportunities through Dericon’s transparent and competitive solution based on FE Fundinfo.”

Andreas Krause, founder and managing director of Dericon, says: "Dericon has built a reputation as a strong, innovative and reliable digitalization partner for our clients and partners and has a deep understanding of the German distribution market. We look forward to expanding our reach with FE fundinfo and making our data and technical capabilities accessible to the international financial industry. We plan to expand our innovative WMS platform into a full-fledged distribution center in Germany and beyond, accelerating access to market data and regulatory solutions and providing our clients with unmatched added value."

About FE fundinfo

FE fundinfo is a leading asset management technology and data company connecting asset managers with distribution partners in the UK, Europe and Asia Pacific.

They use their data and expertise to help the asset management industry increase asset growth, operational efficiency and risk management, and enable faster and global market entry through preferred distribution channels. Their solutions help their clients manage risk, increase operational efficiency and increase returns for their investors.

About Dericon

Dericon is an independent and established FinTech company based in Frankfurt am Main. Since it was founded in 2008, the company has supported more than 150 banks and 50 product providers in Europe in the advisory process and in the legally compliant use of investment products with the web-based application Dericon WMS. Dericon's customers range from leading private banks and savings banks to independent financial advisors and global investment houses.

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