Deloitte spin-off enters the fund data market
Former Deloitte professionals from the Financial Service department split off from Deloitte this year and founded Fenion GmbH. Based in Vienna, Fenion supplies its institutional clients with fund data as well as regulatory and individual reporting.
Fenion has well-known customers in Austria, who have been supplied with data for years under the Deloitte brand. On request, the company provides its customers with a consolidated reporting solution ARC as SaaS, which functionally delivers the core functions of a master investment management company.
Stefan Fischer, Managing Director of Fenion, is pleased with the positive response:
"We have received extremely positive feedback from the market since our decision to continue our plans as independent company. We still see strong potential for our services and aim to make the asset management industry much more efficient in the long term."
Stefan Fischer
Managing Partner of Fenion GmbH
In addition to the consolidated reporting solution and the comprehensive reporting technology, product development in particular is increasingly in demand by investors.
"Digitalization is one of the core topics in the financial sector. We see ourselves well positioned to offer our customers a real value-added, for example in the areas of RegTech and automation."
Stefan Fischer
Managing Partner of Fenion GmbH
Institutional clients currently include insurance companies, pension funds, family offices and public corporations.