FE fundinfo Bolsters Presence in German Wealth Management Market Through Dericon Acquisition

Discover how FE fundinfo's strategic acquisition of Dericon, a prominent German FinTech firm, is set to expand its reach in the German wealth management market, enhancing its regional capabilities.

FE fundinfo, a prominent player in financial data services, has recently made a significant move to expand its presence in the European market. The company has announced the acquisition of Dericon, a leading German FinTech firm based in Frankfurt. This strategic acquisition, pending regulatory approval, is aimed at providing FE fundinfo's clients with direct access to one of the largest distribution channels for asset managers in Germany, thereby strengthening its regional capabilities.

FE fundinfo is well-known for its comprehensive financial data services, which help asset managers distribute their products across various networks. On the other hand, Dericon has built a strong distribution network that is utilized by over 150 top banks and global investment houses. One of Dericon's key offerings is the innovative web-based solution, Dericon WMS, which supports the compliant structuring of financial products.

With this acquisition, FE fundinfo's asset management clients will now have access to Germany's largest distribution channel through the Sparkassen Group, a network of public banks with 50 million customers. This strategic move positions FE fundinfo as a key partner for fund managers looking to connect their investment product information to major distribution networks in Europe and the UK.

The acquisition of Dericon by FE fundinfo marks a significant step towards enhancing the company's regional capabilities and providing its clients with access to a wider distribution network in Germany. This move solidifies FE fundinfo's position as a key player in the European market, offering valuable opportunities for asset managers to expand their reach and connect with a larger audience.