Lunar AI Strengthens FE fundinfo's AI Arsenal with Acquisition

London-based FE fundinfo, a FinTech firm prominent in connecting the investment industry across the UK, Europe, and Asia Pacific, has successfully acquired Lunar AI. This marks the company's fourth acquisition within a span of 12 months. Lunar AI, also based in London, operates an AI platform facilitating asset managers to create custom AI-driven modules through an intuitive no-code interface. This acquisition aims to bolster FE fundinfo's AI capabilities, further integrating Lunar AI's advanced technology within its Nexus platform, which will serve to enhance regulatory compliance, data accuracy, and overall operational efficiency. The move is in line with FE fundinfo's strategy to harness AI to navigate regulatory complexities and boost service offerings to investment professionals. The integration of Lunar AI into FE fundinfo is further poised to maximize data utility for the investment community, especially as the role of AI becomes increasingly pivotal for competitive advantage. Both companies express enthusiasm about the synergies expected from this acquisition, particularly in the establishment of a state-of-the-art AI innovation hub.