FE fundinfo completed the acquisition of FundConnect.

FE fundinfo, a provider of data, software and performance analytics, completed the acquisition of FundConnect, a provider of information on funds intended for the European market. Financial terms were not disclosed. “We’re delighted to be joining the FE fundinfo family and play an active part the business’ vision to create a Pan-European fund data and technology champion. This transaction enables us to offer a broader and deeper fund data universe to our clients and continue to drive the agenda for standardisation and efficiency in the collection and distribution of fund data. Our expertise in data automation and technology solutions complement the offerings provided by FE fundinfo and allow us to support our global client base in streamlining their businesses and remaining compliant in an increasingly complex regulatory landscape," Carsten Mahler, FundConnect CEO.