Pittsburgh, PA, July 15, 2021 – Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider helping the investment management industry solve complex investment data challenges, has won the award for Best Risk Management Solution at the 2021 HFM European Technology Awards for their integrated performance and risk solution, Revolution.

Revolution, Confluence’s award-winning cloud-based solution, offers vital analyses of portfolio performance, attribution, risk and compliance to help our clients reduce costs, improve client communication and control investment decisions.

The award ceremony was held virtually on July 15 and recognized and celebrated IT and software providers that serve the hedge fund industry and acknowledged those that have demonstrated exceptional client service, innovation and strong and sustainable business growth over the past 12 months.

Revolution’s win for Best Risk Management Solution recognizes the functional capabilities of the platform and Confluence’s role as a leading provider to the asset management industry. Confluence’s extensive cloud-based platform provides highly scalable performance and risk analytics to increase productivity and reduce turnaround time, allowing teams to focus on making smarter investment decisions.

Commenting on the award win, Todd Moyer, Confluence’s President and COO, said:

“Revolution’s recognition as Best Risk Management Solution is a testament to our commitment to innovation in risk technology as we deliver groundbreaking products to the worldwide asset management industry. It’s an honor to have our team’s hard work be recognized by HFM.”