Finesti and fundinfo are to combine their experience in investment fund data and documents to offer services intended to aid cross-border notifications and the distribution of Key Investor Information Documents (KIIDs).
The two companies will offer integrated solutions and packages to all fund groups and fund promoters who need to fulfill the requirements of the UCITS IV directive.
Jan Giller, partner and head of marketing & sales at fundinfo, said: "With the new service, fundinfo has extended its comprehensive fund document dissemination services, and therefore is strengthening its position as leading hub for original fund documents in Europe and Asia."
Finesti has had an operational service for cross-border notifications since July 2011, currently used solely by Luxembourg funds. However, Finesti has stated that it is in the process of broadening the use of this platform outside Luxembourg to other EU member states.
Finesti's CEO, Dominique Valschaerts said: "We are very pleased by this new collaboration. Our collective expertise will strengthen fund notification and extend our distribution services through a common approach and robust processes."
