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Fund Channel selected by ING Germany to streamline its fund distribution services
June 26, 2024
Fund Channel, the B2B fund distribution platform jointly owned by Amundi and CACEIS, and ING Germany announced a partnership to fully standardise the trailer fees processes of the bank.
ING Germany started a selection process in July 2023 with the following objectives:
• Align processes & implement synergies;
• Focus on more client added value;
• Harmonise the management of its distribution agreements and trailer fees collections;
• Reduce operational complexity.
Thanks to this partnership, ING Germany will benefit from Fund Channel’s ecosystem of fund distribution services with one single entry point that helps streamline operations and provide more secured processes. The automated and digitalised platform allows to upscale reporting efficiency as well as deal with regulatory oversight.
Ronny Förster, Product Area Lead Brokerage at ING Germany: “We are looking forward on the partnership with Fund Channel as it streamlines our operations processes and simplifies our distribution management.”
Pierre Adrien Domon, CEO of Fund Channel: “We are delighted with this partnership. Fund Channel is eager to make its innovation and technological expertise available to leading financial institutions such as ING Germany, providing them with the latest digital solutions in an open-architecture scheme. This collaboration is in line with our objective to reinforce our presence in the German fund distribution market.”
Contact
Letizia De Bernardi
Press Relations
About Amundi
About Amundi
Amundi, the leading European asset manager, ranking among the top 10 global players[1], offers its 100 million clients - retail, institutional and corporate – a complete range of savings and investment solutions in active and passive management, in traditional or real assets. This offering is enhanced with IT tools and services to cover the entire savings value chain. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €2.2 trillion of assets[2].
With its six international investment hubs[3], financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi clients benefit from the expertise and advice of 5,700 employees in 35 countries.
Amundi, a trusted partner, working every day in the interest of its clients and society.
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