Intelligence provider FE fundinfo acquires fintech Dericon

Financial data company FE fundinfo has acquired Dericon, a wealth management fintech.

This is FE fundinfo’s 7th acquisition in just over 3 years, the most recent acquisitions being fund distribution service Adjuto. The partnership, still subject to regulatory approval procedures, will enable FE fundinfo’s clients to have direct access to one of the largest distribution channels for asset managers in Germany.

FE fundinfo stated 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, Chief Executive Officer at FE fundinfo, commented: “FE fundinfo is on a mission to further its position as a long-term strategic partner to the investment management community. The team at Dericon has built a solid business, and through our partnership we further 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.”

“Dericon has built a reputation as a strong, innovative and reliable digitalisation partner for our clients and partners, and through serving them we’ve built a deep understanding of the German distribution market.” said Andreas Krause, Founder and Managing Director at Dericon. 

“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 unrivalled value for clients.”