Time Sq. New York 5 October 2023
Kneip, FNZ and Nasdaq Fund Network Partner to Improve the User Experience for European Investors
LUXEMBOURG, October 5, 2023 /EINPresswire.com/ — Kneip, FNZ and Nasdaq Fund Network Partner to Improve the User Experience for European Investors
At the moment, Kneip, a frontrunner in fund knowledge administration and reporting options for the asset administration trade, FNZ, the world chief in wealth administration platforms, and Nasdaq, using its Nasdaq Fund Network (NFN) platform, have revealed a brand new partnership. The collaboration sees the introduction of standardized 5-character NFN identifiers for funding merchandise on FNZ’s world wealth administration platform.
This effort will improve transparency and streamline accessibility for funding merchandise in Europe via the implementation of a extensively adopted frequent normal framework. By way of this expanded collaboration, buyers will now have larger transparency on funding merchandise and a extra environment friendly shopping for course of.
The NFN identifier will likely be seen on FNZ’s world wealth administration platform and take away some frequent trade challenges when exploring funding choices, which can enhance the consumer expertise for buyers by simplifying how they will search for merchandise on the FNZ platforms. Nasdaq’s NFN identifiers will likely be made accessible throughout their whole distribution community.
Kneip supplies fund knowledge administration and reporting options for the asset administration trade, protecting 40% of the European UCITs. Kneip proactively manages purchasers’ knowledge by offering correct and constant checks between distributors and platforms. Along with NFN, Kneip supplies shopper knowledge to the trade while leveraging the distribution channels of NFN to enhance the discoverability of mutual fund symbols.
FNZ combines cutting-edge expertise, infrastructure, and funding operations right into a single, state-of-the-art platform, enabling world monetary establishments to quickly ship customized companies and progressive wealth merchandise which are seamlessly aligned with the wants of their purchasers.
Enrique Sacau, CEO of Kneip commented: “As the unique companion of the Nasdaq Fund Network in Europe for registration of mutual funds, we’re notably excited to be working with FNZ to resolve issues for the trade and to make it simpler for European buyers to discover funds.”
Adam Inexperienced CEO, Asset Administration Options, at FNZ stated: “We’re delighted to companion with Kneip and Nasdaq to additional speed up innovation and transformation throughout the asset and wealth Administration trade.
“FNZ’s mission is to use expertise to open up wealth and create an asset administration trade which is extra clear, sustainable and private, empowering thousands and thousands of individuals to develop their wealth the manner they need it. We’re thrilled to collaborate with robust companions to drive this innovation.”
“We’re excited to work with FNZ & Kneip to present buyers with larger transparency and a extra environment friendly course of for transacting funding merchandise,” stated Garrick Stavrovich Vice President of Funding Intelligence, Nasdaq.
About Kneip
Kneip is a frontrunner in fund knowledge administration and reporting options for the asset administration trade. We assist our purchasers handle their knowledge effectively and guarantee compliance in a altering regulatory surroundings. Our options take away complexity all through the fund lifecycle, so our purchasers can scale back dangers, management their prices and deal with what they do finest: delivering returns to their buyers. We now have been trusted by asset managers since 1993 and immediately we service greater than 10,000 funds in over 40 international locations. Go to www.kneip.com
About FNZ
FNZ is the world platform supplier in the wealth administration sector, partnering with over 650 of the world’s main monetary establishments and over 12,000 wealth administration companies. With over 5,000 staff in 30+ world places, FNZ’s mission is to open-up wealth, serving to everybody, in all places to spend money on their future on their phrases. FNZ combines expertise, infrastructure, and funding operations in a single state-of-the-art platform that frees its companions to create hyper-personalized and progressive merchandise and companies, which are seamlessly aligned with the wants of their purchasers. Thus far, FNZ administers greater than $1.5 trillion in shopper property and has enabled over 20 million folks, from all wealth segments, to spend money on an efficient, easy, and clear manner, making wealth administration accessible to everybody. For extra data, please go to www.FNZ.com and comply with us on LinkedIn (@FNZ Group).
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