FE fundinfo Acquires FundConnect to Expand Global Presence

Fazzaco learned that FE fundinfo, a global fund data and technology leader, has acquired FundConnect, a global trading and analytics platform based in Denmark, aiming to expand its international presence.

According to the official press release, the latest transaction brings together FE fundinfo’s fund data and technology expertise in the UK, Europe & Asia with FundConnect’s complementary set of services and their unique position in the Nordic fund industry.

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“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," said Carsten Mahler, CEO at FundConnect, “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.”