The parent company of Luxembourg-based Fundsquare has finalised the acquisition of French-based firm Adjuto. The technology developed by Adjuto over the past decade will support FE fundinfo’s digitalisation and automation strategy.
FE fundinfo, a global leader of fund information, technology and services, has announced the acquisition of French-based firm Adjuto, which will support its commitment to enhancing fee and distribution channel management solutions.
“We are thrilled to welcome Adjuto to FE fundinfo as we continue to propel our fee and distribution channel management initiative forward. This acquisition is a testament to our unwavering commitment to equipping asset managers with products and services for success,” said Steffen Ahlers, Director Fee, Distribution Channel Management at FE fundinfo
The move forms 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. The technology developed by Adjunto over the past decade has gained a strong client base across France, Luxembourg and Switzerland and will only support FE fundinfo’s continued growth.
“Our decade-long journey in developing top-tier technology aligns seamlessly with FE fundinfo’s vision for the future. This collaboration presents an incredible opportunity to harness our collective strengths and provide asset managers with transformative solutions that simplify their operations, reduce manual processes and elevate their performance,” said Olivier Gnos, CEO at Adjunto.