In a strategic move that cements FE fundinfo’s status as a leader in asset management data services, the company has successfully acquired Dericon, the German WealthTech innovator. This significant deal, realized over a three-year span, represents FE fundinfo’s latest advancement in its ambitious growth trajectory. The merger not only furthers FE fundinfo’s influence within the asset management industry but also promises to enrich the WealthTech landscape in Germany.
The acquisition of Dericon follows a succession of astute investments by FE fundinfo, including the notable acquisitions of Adjuto and Funds360. Dericon is widely recognized for its extensive distribution network, lauded by over 150 top-ranked banks and global investment firms for enhancing their advisory workflows.
Bridging the Gap with Sparkassen Group
A key element of this acquisition is Dericon’s relationship with Sparkassen Group, one of the largest networks of public banks in Germany. Serving an extensive customer base exceeding 50 million, the Sparkassen Group stands as a crucial platform for potential growth.
Dericon’s WMS platform positions the company as an essential collaborator in the development of regulatory-compliant financial products—an increasingly important need in the industry due to the tightening regulations in Germany and across the EU. This technological advantage, combined with the planned marketplace for asset managers, indicates a forward-thinking approach to financial services.
Envisioning a Connected Future
FE fundinfo, already a juggernaut in asset management data services, has further extended its influence with the strategic acquisition of Dericon, a German WealthTech trailblazer. This key acquisition, spanning three years in the making, emphasizes FE fundinfo’s extensive growth strategy and strengthens its position in the asset management sector. Moreover, this union signals positive developments for Germany’s WealthTech environment.
Noteworthy is FE fundinfo’s string of judicious acquisitions, such as Adjuto and Funds360, which cement its role as an industry leader. The inclusion of Dericon’s comprehensive network, esteemed for providing services to over 150 prominent banks and investment firms by refining their advisory functions, means that the convergence of FE fundinfo’s market presence with Dericon’s technological solutions is a significant step forward for the company. It is poised to enhance service offerings within the wealth management industry.