Pittsburgh, PA, Oct. 10, 2017 (GLOBE NEWSWIRE) -- Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, has been awarded “Best Data Management Solution” at the 2017 Mutual Fund Service and Technology Awards, sponsored by Fund Intelligence.
The “Best Data Management Solution” winner is selected by a panel of judges that considers customer and revenue growth, as well as product innovations that have boosted customer success over the past 12 months.
“We are thrilled to have Confluence acknowledged for our groundbreaking technology and the success we have helped our customers achieve,” said Mark Evans, Chairman, CEO and President at Confluence. “The hard work our teams perform daily on behalf of our clients have led to success for us and them, and I congratulate our colleagues on receiving this recognition.”
Helping to bring back-office operations into the digital age by eliminating manual processes and spreadsheets, Confluence’s suite of solutions enables asset managers and third-party administrators to consolidate and leverage data across business operations. The results are lower costs, reduced risk, decreased reporting turnaround times and the scalability to automate more processes without additional resources.
A recent example of Confluence’s impact on the industry is the Unity NXT™ Regulatory Reporting platform. The solution is unique in that it supports the entire reporting process for post-trade regulatory filings from one data-centric platform.
Headquartered in Pittsburgh, PA, Confluence operates offices across 14 different time zones globally, including Brussels, Dublin, London, Luxembourg, Ho Chi Minh City and San Francisco.
The Mutual Fund Service and Technology Awards recognize the achievements of the entire universe of service providers—including administrators, custodians, legal specialists, accounting groups, and technology providers – who provide a vital function for the U.S. mutual fund sector. Winners of the 2017 Awards were announced on Tuesday, October 3 during a ceremony in New York.
About Confluence
As a global leader in data-driven solutions for efficiency and control, Confluence solves tough data management and automation challenges for the asset management industry, including performance reporting, regulatory reporting, investor communications and fund expense management. Confluence solutions enable asset managers and third-party administrators to consolidate and leverage data across business operations which results in lower costs, reduced risk, decreased reporting turnaround times and the scalability to automate more processes without additional resources. The platform features solutions to support a wide array of fund types – including mutual funds, ETFs, alternative investments, institutional portfolios and UCITS funds.
Seven of the top 10 global service providers license Confluence products and eight of the top 10 global asset managers have business processes automated through Confluence.
Headquartered in Pittsburgh, PA, Confluence serves the international fund industry with locations in Brussels, Dublin, Ho Chi Minh City, London, Luxembourg and San Francisco. For more information, visit www.confluence.com.
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