FE fundinfo, a Luxembourg-based specialist in fund information, has announced the acquisition of Paris-based firm Adjuto. The move aims to bolster its fee and distribution channel management solutions. Financial details were not disclosed.
Adjuto brings to the table a strong client base across France, Luxembourg, and Switzerland, as well as a decade-long reputation for developing a rebate calculation engine and cutting-edge technology. The acquired technology will play a crucial role in FE fundinfo’s service.
«This acquisition marks a significant milestone in FE fundinfo’s initiative to digitalize, standardize, and automate middle and back-office processes for asset managers,» said Liam Healy, CEO at FE fundinfo, in a statement.
Fee and distribution channel management
The acquisition comes after active participation from multiple asset managers in FE fundinfo’s pilot program. It serves to amplify the company’s offerings related to fund distribution. The move also solidifies FE fundinfo’s role as a scalable and reliable service provider, delivering an end-to-end solution for fees and distribution channel management.
Steffen Ahlers, director of fee & distribution channel management at FE fundinfo, hailed the acquisition as «a testament to our commitment to equipping asset managers with products and services for success.» Olivier Gnos, CEO at Adjuto, said the acquisition represents «an incredible opportunity to harness our collective strengths» in offering asset managers transformative solutions that streamline operations and enhance performance.
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