- Acquisition Details:
- Acquirer: FE fundinfo, a UK-based financial data firm.
- Target: Dericon, a wealth management fintech based in Frankfurt, Germany.
- Acquisition Amount: Undisclosed.
- About Dericon:
- Founded: 2008.
- Services: Derivative pricing, market data integration, portfolio management, compliant product structuring.
- Platform: Dericon WMS, used by over 150 banks and investment houses across Europe.
- Strategic Benefits:
- Expansion: Enables FE fundinfo to strengthen its presence in Europe.
- Access: FE fundinfo clients gain entry to Germany’s largest distribution channel via the Sparkassen Group, serving 50 million customers.
- Enhanced Services: Provides German investors with a broader range of investment opportunities and clearer information between distributors and investment products.
- Company Statements:
- Liam Healy, CEO of FE fundinfo: Acquisition will help improve clarity in distribution and investment product information, offering a competitively differentiated solution.
- Andreas Krause, Founder and MD of Dericon: The acquisition will help Dericon grow its reach and enhance its WMS platform into a comprehensive German distribution hub.
- Expansion Strategy:
- Recent Acquisitions: Since 2021, FE fundinfo has acquired six firms including:
- 2021: CashCalc (UK), Zenith Group (Australia), FundConnect (Denmark).
- 2022: Funds360 (France), Fundsquare (Luxembourg).
- Last Year: Adjuto (France).
- Recent Acquisitions: Since 2021, FE fundinfo has acquired six firms including:
- Overall Goal:
- Growth: To accelerate international expansion and enhance the distribution and access to accurate and timely financial information for asset managers and distributors.
