FE fundinfo has acquired FundConnect, a fund data and technology company based in Denmark
The deal brings together FE fundinfo’s fund data and technology expertise in the UK, Europe & Asia with FundConnect’s complementary set of services and their position in the Nordic fund industry.
Founded in Copenhagen in 2000, FundConnect over 20 years’ experience serving as a data collection and technical backbone for banks, insurers, asset managers, platforms and industry bodies. It collects and distributes fund data across Europe specialising in advanced data collection, data distribution, web solutions and fund document production (for marketing and regulatory purposes).
FundConnect, together with the Danish Investment Association jointly owns FundCollect, which serves the entire Danish mutual fund industry; both Danish fund groups and international funds operating in Denmark.
FE fundinfo already has many shared clients which are supported domestically by FundConnect, and with FundConnect’s international operations in turn supported by FE fundinfo in Luxembourg, by aligning their leading fund data, network and technology solutions, the companies aim to offer a broader set of complementary services to their clients and partners who are increasingly operating cross border.
