FundConnects news archive

The June 2011 European Fund Classifications are now available (27/09/2011)

The June 2011 classifications are now available on FundConnects website. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

The March 2011 European Fund Classifications are now available(01/07/2011)

The March 2011 classifications are now available on FundConnects website. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

The December 2010 European Fund Classifications are now available(18/04/2011)

The December 2010 classifications are now available on FundConnects website. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

The September 2010 European Fund Classifications are now available(07/02/2011)

The September 2010 classifications are now available on FundConnects website. The September classification includes funds for Dealis, Eurobank, Pictet, Nikko, Warburg which have recently joined the EFC. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

The June 2010 European Fund Classifications are now available(21/10/2010)

The June 2010 classifications are now available on FundConnects website. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

FundConnect launches automated Key Information Document solution (06/10/2010)

FundConnect offers a complete infrastructure for the production and distribution of the Key Investor Document, which facilitates on-the-fly production of documents in large numbers in multi languages, and provides a much more workable solution than traditional desktop publishing.

Read more about this product

The March 2010 European Fund Classifications are now available(15/07/2010)

The March 2010 classifications are now available on FundConnects website. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

The December 2009 European Fund Classifications are now available(15/04/2010)

The December 2009 EFC classifications are now available on FundConnects website. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

The September 2009 European Fund Classifications are now available(08/01/2009)

The September 2009 EFC classifications are now available on FundConnects website. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

IMA Sets up Fund Processing Passport Repository(07/12/2009)

Working in partnership with data infrastructure provider FundConnect, the Investment Management Association (IMA) has created a repository for Fund Processing Passports (FPP) to allow fund providers to publish essential operational information for the purposes of fund order processing, in support of the initiative led by the European Fund and Asset Management Association.

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The June 2009 European Fund Classifications are now available(01/10/2009)

The June 2009 EFC classifications are now available on FundConnects website. The EFC includes 7100 entities (funds and share classes). 46 fund groups are participating in the EFC, hereunder a number of the leading European cross-border fund management companies. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

The March 2009 European Fund Classifications are now available(01/07/2009)

The March 2009 EFC classifications are now available on FundConnects website. The EFC was officially launched in June 2008, and now includes 7100 entities (funds and share classes). 44 fund groups are participating in the EFC, hereunder a number of the leading European cross-border fund management companies. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

FundConnect launches FundMasterFile™ system(15/05/2009)

FundMasterFile™ was developed as a comprehensive data platform , specially designed to manage fund data, allowing fund groups to maintain all of their static  in one centralized database saving man-hours and improving data consistency.

The system facilitates a centralized, multi-user depository for all masterfile data allowing access across an entire organization. Additionally, different users can receive access to exclusive data segments or be restricted to only encompass relevant data points.

FundMasterFile™ facilitates the following processes:

• Centralized storage and maintenance of all required static data points
• Organization of data distribution to all recipients, including fund platforms, data vendors, fund distributors, internal departments, etc .
• Update of web solutions via services directly from FundMasterFile™ database
• Document creation and maintenance of FundProcessingPassport and other Document types

Read more about this product

The December European Fund Classifications are now available(17/04/2009)

The December EFC classifications are now available on FundConnects website. The EFC was officially launched in June 2008, and now includes 6400 entities (funds and share classes) supplied by a number of the leading European cross-border fund management companies. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

Finesti and FundConnect ready to deliver joint solution for European Fund Classification(09/02/2009)

Based on their Joint Venture Agreement, Finesti and FundConnect are pleased to announce an important step in their first joint activity: the launch of the EFC Operational Partnership for the administration of the European Fund Classification (EFC).

The EFC Operational Partnership consists in providing joint operations for all EFC services, where Finesti is in charge of collecting portfolio holding information from European fund groups and FundConnect is in charge of classifying these portfolios. Both Finesti and FundConnect publish classification results and will propose extended EFC services to the industry.

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June European Fund Classification results are now available(23/12/2008)

The June EFC classifications are now available on FundConnects website. Since the official launch of the EFC in June 2008 a number of new fund groups have joined the EFC and the release includes 6300 entities (funds and share classes) supplied by 28 fund groups, including a number of the leading European cross-border fund management companies. The classification results can be downloaded free of charge on FundConnect's website where can also be found further information about the EFC.

European Fund Classification is officially launched(23/06/2008)

Monday the 23nd June 2008 the European Fund Classification (EFC) is officially launched. The first release includes more than 1500 equity, mixed, bond, money market and other funds supplied by a number of the leading European cross-border fund management companies participating in the EFCF. The classification results can be downloaded free of charge on FundConnect’s website where can also be found further information about the EFC, including the newly published official EFC brochure which includes extensive information about the classification.

New Fund Processing Passport solution for German fund groups(09/05/2008)

The European Fund Data Infrastructure, FundConnect, launches a Global Fund Processing Passport data solution now being offered to German fund groups, providing increased visibility and market availability for FPP’s.

The solution is free of charge and will include, among other features, web publication on FundConnect’s information solution. Additionally, distribution of FPP’s to a WM Daten, among others, is possible through FundConnect. This is logical if a fund group subscribes to WM Daten’s  FPP data service, which facilitates the German domestic distribution of FPP’s.

FundConnect is also initiating FPP solutions for other European countries including the UK (in concert with the UK Investment Management Association, IMA). German fund groups who distribute their funds in the UK will also be able to obtain the necessary visibility by providing their FPP data for this solution

First Beta-release of the European Fund Classification (EFC) is now available(11/04/2008)

The first Beta-release of the European Fund Classification (EFC) is now available on FundConnect’s website where the classification results can be downloaded free of charge. The Beta-release includes more than 1300 equity, bond, mixed, and money market funds supplied by 17 of the leading European cross-border fund management companies participating in the EFCF. The beta-release will be followed by an official EFCF release which is expected to be published in May 2008. In addition to the results of the Beta-classification, the website has also been updated with background information about the EFC and how to get involved.

FundConnect launches Media Service solution for J O Hambro(01/12/2007)

FundConnect is proud to announce that J O Hambro has recently become an active part of the FundConnect data infrastructure. The service provided consists of collection of  daily NAVs from  JO  Hambro’s fund administrators, performing quality control on the data, and then distributing the NAVs to a series of recipients in their proprietary formats and according to specific delivery instructions. The list of recipients includes media publications, data vendors and a European stock exchange. The solution encompasses the Hambro Dublin and UK fund universes and was implemented within two weeks. In this instance  FundConnect has teamed up with Ptarmigan Media, who handle the media buying side.

FundConnect enters agreement to implement Industry Solution for IFR (The Danish Mutual Fund Association)(28/10/2007)

IFR, The Danish Mutual Fund Association has elected to expand its cooperation with FundConnect by entering an agreement for the implementation of a new Industry Solution. The solution will comprise of a browser-based statistical platform that allows the Danish fund groups to conduct market-wide comparison and analysis on market flow statistics, return and risk figures, and peer analysis for fee structures.

FundConnect initiates European Fund Processing Passport data solution for the IMA (UK Investment Management Association) (20/10/2007)

The solution will consist of a data collection portal in which the fund groups will receive free access and can update all of their Fund Processing Passport information, where it is stored in FundConnect’s centralized database. The Fund Processing Passport data is then extracted from the collection portal and presented as fact sheets on the IMA’s webpage in a customised format and their own corporate design.

FundConnect launches new web-site (24.09.07)

FundConnect has launched a new web-site that offers our existing and potential customers a large amount of new information related to our company and our services.

The presentation of the different product areas and core competences has been improved and we also have introduced a new navigation structure that will hopefully make it easier for our visitors to navigate between the different areas of content.

We hope that you will feel inspired when surfing around the web-site and if you have any questions or comments please contact the relevant contact person within our management team or simply send an e-mail to info@fundconnect.com

Latest news on EFCF (24.09.07)

The latest EFCF meeting was held on Monday the 24th September. Earlier this year the classification schemes for the fixed income, equity and mixed classification were finalized, and the meeting was therefore focused on how the classification is implemented and promoted in the coming time.

If you like to become a part of the EFCF classification - please contact: Søren Grathwohl: +45 70 26 01 18 or sg@fundconnect.com

FundConnect launches new Media Service in collaboration with Ptarmigan Media(25/09/2007)

FundConnect and Ptarmigan Media have entered into a partnership to offer a new Media Service that provides fund groups with a competitive and streamlined alternative for the transmission of NAVs to the media and data vendors.
The Media service combines the operational capabilities of FundConnect’s open technical architecture and neutral data infrastructure, with Ptarmigan’s Media knowledge and media buying expertise, offering a totally integrated full service fund price publication solution.

The new service covers the handling of price appearance in print, right through to the automated distribution of fund pricing data to all other interested parties.

For more information, please see download PDF, or contact Ray Hoare (rh@fundconnect.com) in the UK or Anthony Miranti (am@fundconnect.com) for inquiries from other European countries.

FundConnect relocates to new and larger premises (17.09.07)

FundConnect has decided to relocate to new and larger premises, which is scheduled to occur during the days around the 15th of October 2007.

We are moving just a short distance up the street to Nørre Voldgade 68, 4, where we have taken over attractive offices that until now have accommodated the management of BG Bank (now Danske Bank).

We are looking forward to welcoming you at our new home!

Nykredit Invest launches web service (15-07-2007)

FundConnect has developed a new Web service consisting of fund lists, Web-based factsheets and PDF-factsheets for Nykredit Invest. All of the Web Solutions are updated in an automated fashion, where data is transmitted from the centralized database of FundConnect’s subsidiary, the Danish Mutual Fund Data Infrastructure, FundCollect. Because Nykredit already maintains all of their fund data with the Fund Infrastructure, the Web service provides an extremely effective data flow, where data resources are limited and data consistency is ensured.

FundConnect has implemented new multi-language and multi-currency web service for Nordea Sweden(10/07/2007)

FundConnect has successfully implemented a new Web service for Nordea, the leading financial services group in the Nordic and Baltic regions. This web-based fund information solution now covers Nordea’s needs for the Nordic countries and Estonia.

FundConnect is responsible for the monitoring of fund data from a variety of sources including Nordea’s internal business units, as well as external fund providers that are represented in Nordea’s product range. This centralized data-hub solution will form the data backbone for a wide range of data services for the Nordea Group.

The fund pages of Nordea’s Nordic web-sites will be provided with daily updated price lists and the funds will be displayed in interactive fund fact pages and PDF fact sheets with an information level that supports national industry standards. Challenges in terms of language versioning and currency exchange are to be solved via FundConnect’s advanced multi language and multi currency module that allows the individual Nordea business units to present fund data in the specific languages and currencies that their customers require.

Jyske Invest International launches web service (01-07-2007)

FundConnect has been chosen as a preferred partner to develop and maintain fund data on Jyske Invest International’s multi-currency funds list and PDF-factsheets. The new web solution supports Jyske Invest’s increasingly International marketing approach.

FundConnect already has a well-established relationship with Jyske Invest in data collection, verification and distribution through it’s subsidiary, the Danish Mutual Fund Data Infrastructure, FundCollect.

FundConnect to implement multi-language / multi-currency web service for The Nordea Group(14-02-2007)

Nordea, the leading financial services group in the Nordic and Baltic regions, has selected FundConnect as partner for implementation and maintenance of a Web-based fund information solution that as of now covers the Nordic countries and Estonia.

FundConnect is responsible for the monitoring of fund data from a variety of sources including Nordea’s internal business units, as well as external fund providers that are represented in Nordea’s product range. This centralized data-hub solution will form the data backbone for a wide range of data services for the Nordea Group.

The fund pages of Nordea’s Nordic web-sites will be provided with daily updated price lists and the funds will be displayed in interactive fund fact pages and PDF fact sheets with an information level that supports national industry standards. Challenges in terms of language versioning and currency exchange are to be solved via FundConnect’s advanced multi language and multi currency module that allows the individual Nordea business units to present fund data in the specific languages and currencies that their customers require.

FundCollect, enters collaboration with OMX for transmission of real time NAVs for the Danish fund exchange. (14-02-2007)

FundCollect, the Danish fund data infrastructure, has entered collaboration with OMX, where the Company will utilize its data infrastructure to provide, a real-time NAV transmission service, for the new Fund Marketplace that is being established by the Danish fund groups and OMX. The new fund exchange will be launched at the end of February 2007. FundCollect is a 50/50 joint venture between FundConnect and IFR (The Danish Mutual Fund Association). FundConnect designed and implemented the technical platform of the data infrastructure that will be employed in the daily operational aspects, such as data processing and dissemination for the Exchange. The service will facilitate quality assurance and a subsequent split second transmission of NAVs for listed funds at least three times a day.

FundConnect opens UK office in London (20-09-2006)

FundConnect’s has established new operations in the UK, with the opening of a new office in the city of London. The activities of the new domicile include the full range of FundConnect products and services, encompassing European data distribution and collection services for fund groups, Media Service, Fund Processing Passport solutions, data infrastructures, Web solutions, data applications and document management software for fund groups, along with providing assistance for fund groups who wish to be included within the EFCF Fund Classification.

FundConnect has appointed Ray Hoare as UK Manager. He has earlier held various positions with Reuters, including Director in charge of Scotland and Northern Ireland and Major Accounts Manager, with his most recent position being Sales and Operations Director of Reuters Lipper. Prior to joining Reuters he was the Development Manager of AP/ Dow Jones Telerate.