FE fundinfo acquires Adjuto

FE fundinfo has acquired Adjuto in a bid to enhance fee and distribution channel management.

According to FE fundinfo, the acquisition builds on the launch of its initiative earlier this year, which should enhance GPs’ operational processes through digitalisation, standardisation and automation.

To this end, the company’s managed fee and distribution channel management service will be powered by Adjuto’s rebate calculation engine and other technology.

Olivier Gnos, CEO at Adjuto, said the collaboration presents an opportunity to “provide asset managers with transformative solutions that simplify their operations, reduce manual processes and elevate their performance”.

Founded in 2013 in Paris, Adjuto offers services for regulatory and operational issues in fund marketing.