06/12/2023

FIDA, an Italian group specialized in the development of software applications for investment management and leader in collecting, analysis and distribution of data in asset management, announces the opening of its new French headquarters.

_{Gianni Costan
CEO FIDA}

Located in Paris and opened in November, the office will enable the development of fruitful collaboration with French asset managers and the creation of new European partnerships and business opportunities with potential local clients, in particular financial advisors, private banks and insurance companies.

The staff of the new headquarters is made up of Gianni Costan as President, Olivier de Bellescize as General Director and new member of the FIDA Board of Directors, while Barbara Mastrangelo is part of the executive committee.

The main objective of the new opening is to monitor a particularly interesting market. In fact, France is positioned at the top of asset management in Europe with over 4,800 billion EUR of AUM and with more than 700 asset management companies. Among these, 200 were founded in the last 5 years*.

For FIDA this is an attractive dynamism which can count on products (data and analytics on financial securities with a specific focus on funds) and software for financial advisory (with software modules that can also be distributed separately via IT) which lend themselves well to distribution even outside the 'Italy, adaptable according to the fiscal and regulatory specificities of each country. In addition to France, FIDA also plans to extend its attendance in Belgium and Luxembourg.

_{Olivier de Bellescize
FIDA France}

The new Paris agency will be managed by Olivier de Bellescize: with over 30 years of experience in the development and distribution of financial databases, he has held prestigious roles in several companies and has contributed substantially to the creation of successful companies such as " LionShares" and "OPCVM360". His entry into the FIDA board of directors promises to be an important boost for the brand's expansion in Europe.

“Our company is made up of technology, databases, software, but in reality the most important element by far is the people, their experiences and their skills as inventiveness and flexibility” - says Gianni Costan, FIDA France President and CEO FIDA Italia – “This is why I am very happy to join forces with our friend Olivier.”

“We are very proud that Olivier de Bellescize is starting this new path with our company” – declares Barbara Mastrangelo, President of FIDA Italy – “We are certain that his contribution will lead FIDA to an expansion of its offer of products and services at a European level, as well as to establish stable relationships with international Asset Managers”.

“I trust in the value and innovation that characterize FIDA” - states the new General Director of FIDA France, Olivier de Bellescize – “Joining the team excites me very much and I can't wait to actively collaborate to reach new goals on the European market”

*Source: French AFG (Association Francaise de la Gestion Financière)

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FIDA - FInanza Analisi Dati is an Italian Group, with headquarters in Turin, expert in the field of development of software platforms for financial consultancy, private banking and wealth management and fintech projects in the field of investment management; It also boasts a leadership position in the Italian financial data distribution market, with particular reference to the collection, analysis and distribution of data and information on mutual funds and insurance products. The FIDA study center also deals with the creation of analytics, which includes, among other things, the development of proprietary ratings of managed savings and insurance solution.