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FE fundinfo acquires CashCalc
By Jean-Baptiste Andrieux 13
Fund data and technology company FE fundinfo has acquired cashflow planning provider CashCalc.
CashCalc will still be offered as a stand-alone product while FE fundinfo will invest in the integration between these extended sets of tools, including platform and back-office integrations.
FE fundinfo said cashflow was a “natural extension” of the fund selection process.
It added that this acquisition reflects FE fundinfo’s “Better Connected, Better Informed” ethos, as the combination of CashCalc, FE Analytics and FE Investments will enable a more seamless customer journey, leading to better advice outcomes for advisers and their clients.