Swiss company FE fundinfo has acquired UK-based wealth technology firm Contengo to enhance its data collection capabilities. The integration will introduce a new ‘command deck’ feature for financial advisers, offering real-time portfolio performance monitoring and compliance with consumer duty regulations. FE fundinfo aims to provide a unified, data-rich experience for its users.

The ‘command deck’ feature will provide advisers with fee data, cost monitoring tools, and improved transparency in client reporting. It will allow financial advisers to deliver financial plans with up-to-date information, reducing manual data entry and errors. The integration also enables scenario modelling based on live data, streamlining decision-making processes.

FE fundinfo’s acquisition of Contengo underscores its commitment to providing IFAs with a seamless experience that drives better outcomes for clients. The new ‘command deck’ feature will connect underlying workflows and customer data, offering integrated client service to financial advisers. This move aims to streamline day-to-day operations and enhance data-driven insights for IFAs.

Read more at Yahoo Finance: FE fundinfo acquires wealth technology firm Contengo