“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,” said Liam Healy, chief executive officer at FE fundinfo, in a press statement on Wednesday, commenting on the acquisition of the German fintech company Dericon. Photo: FE fundinfo 

“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,” said Liam Healy, chief executive officer at FE fundinfo, in a press statement on Wednesday, commenting on the acquisition of the German fintech company Dericon. Photo: FE fundinfo 

FE fundinfo has announced the acquisition of the German fintech company Dericon, with the aim of solidifying its position as a key player in Germany’s wealth management industry.

Luxembourg-based FE fundinfo, a financial data company connecting the asset management industry to distribution networks in the UK, Europe and Asia Pacific, announced the acquisition of Frankfurt-based Dericon, a pioneering fintech company in Germany’s wealth management sector. The acquisition, on Wednesday 22 May 2024, is pending regulatory approval from Bafin, Germany’s federal financial supervisory authority.

Dericon has established an extensive distribution network for financial products, used by over 150 banks and global investment houses in their advisory processes. Their innovative web-based solution, Dericon WMS, facilitates the compliant structuring of financial products, aiding clients in meeting regulatory obligations in Germany and the EU.

This strategic move enables FE fundinfo’s clients to gain direct access to one of Germany’s largest distribution channels for asset managers, while enhancing its capabilities in the region. Moreover, it aligns FE fundinfo with the Sparkassen Group, connecting its asset management clients to Germany’s largest distribution channel, serving 50 million customers.

Liam Healy, chief executive officer at FE fundinfo, expressed the company’s commitment to strengthening its position as a strategic partner to the investment management community. He highlighted the partnership with Dericon as a means to enhance their capabilities in Germany, facilitating the connection of investment product information to distributors such as banks and savings banks.

Andreas Krause, founder and managing director at Dericon, emphasised the company’s reputation as a reliable digitalisation partner in the German distribution market. He expressed enthusiasm about expanding their reach and bringing their data and technical capabilities to the international financial industry, aiming to develop their innovative WMS platform into a comprehensive German distribution hub.

The acquisition underscores FE fundinfo’s mission to connect investment product information and asset managers with distribution networks, ultimately benefiting investors, noted the press statement. It reflects the company’s commitment to supporting the entire fund management product lifecycle and providing accurate and timely information to facilitate growth and manage risks for the investment management community.

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