FE fundinfo Acquires Contengo to Launch Command Deck for Financial Advisers
- Kendrick Wakeman, CFA
- 5 hours ago
- 1 min read
FE fundinfo has acquired Contengo, a UK technology provider specializing in performance reporting, wealth analytics, and data migration solutions for independent financial advisers. The acquisition will integrate Contengo's capabilities into FE fundinfo's Nexus platform as a new Command Deck module, designed to centralize client and business data for advisers.
Contengo's data engine collects transaction and client information from adviser platforms and back office systems into a control module, enabling advisers to make data-driven decisions. FE fundinfo, which connects the investment industry across the UK, Europe, and Asia Pacific, will use this technology to enhance its Nexus for Financial Advisers platform with real-time financial planning, AI-powered money-weighted performance insights, and automated data validation. The integration eliminates manual data entry, enables instant scenario modeling, and provides centralized visibility of fees and platform charging data. FE Analytics users will also gain tools to monitor live portfolio performance and demonstrate Consumer Duty compliance.
The deal expands FE fundinfo's reach across UK wealth management platforms and follows previous acquisitions including FE AdviserAsset and FE CashCalc. CEO Liam Healy emphasized the company's commitment to providing IFAs with a unified, data-rich experience. Contengo founder Louisa Southey called the partnership an opportunity to deliver enhanced capabilities and deeper insights to financial advisers through the combined platform.
Knote: FE fundinfo's FOURTH WealthTech acquisition this year! Looks like they are coming after Broadridge's record...
