FE fundinfo has acquired Dericon in an effort to allow FE fundinfo’s clients direct access to one of the largest distribution channels for asset managers in Germany, whilst growing its capabilities in the region.
Through its web based solution Dericon WMS, the business supports the compliant structuring of financial products, enabling clients to be better served with data while meeting the growing regulatory obligations in Germany and the EU.
This acquisition connects FE fundinfo’s asset management clients to Germany’s largest distribution channel, via the Sparkassen Group.
Liam Healy, CEO at FE fundinfo, says: “Through our partnership we bolster our commitment and capabilities in Germany by more clearly connecting investment product information to distributors such as banks and savings banks for our mutual and future clients.
“For Germany’s 50 million individual investors, this will provide the best access to the broadest range of investment opportunities through Dericon’s transparent and competitively differentiated solution powered by FE fundinfo.”
Andreas Krause, founder and managing director at Dericon, comments: “With FE fundinfo, we’re excited to grow our reach and bring our data and technical capabilities to the wider international financial industry. We plan to further build our innovative WMS platform into a fully-featured German distribution hub that speeds access to market data and regulatory solutions, providing value for clients.”
