FE fundinfo to acquire Dericon.

FE fundinfo, a financial data company connecting the asset management industry to distribution networks, agreed to acquire Dericon, a German fintech. Financial terms were not disclosed. “FE fundinfo is on a mission to further its position as a long-term strategic partner to the investment management community. The team at Dericon has built a solid business, and through our partnership we further bolster our commitment and capabilities in Germany by more clearly connecting investment product information to distributors such as banks and savings banks for our mutual and future clients. 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,” Liam Healy, FE fundinfo CEO.