FRANCE – FE fundinfo, a London, UK-based company providing fund information, technology and services, acquired Paris, France-based asset management software firm Adjuto.
The amount of the deal was not disclosed.With the acquisition, FE fundinfo will enhance its fee and distribution channel management solutions. The deal is an integral part of FE fundinfo’s initiative – launched earlier this year – aimed at enhancing the middle and back-office processes for asset managers through digitalisation, standardisation and automation.Led by CEO Olivier Gnos, Adjuto Software is an independent provider of solutions for Asset Management professionals to manage mutual fund liabilities, for rebate reconciliation and calculations and investor relations. The solution offers a set of advanced functionalities to respond to regulatory and operational issues relating to the marketing of funds. Adjuto is modular and can work as a complement to existing tools or as an integrated solution. The company has a consistent client base across France, Luxembourg and Switzerland. Led by CEO Liam Healy, FE fundinfo provides investment fund data, technology solutions, research and analysis, network and expert insights enabling fund managers, distributors and financial advisers, to access accurate information anywhere, at any time.20/09/2023
