Confluence partners with Northfield to enhance multi-factor risk and performance attribution analytics
The strategic partnership will allow Confluence Revolution users to easily utilize improved multi-factor attribution analytics for risk and performance.
Pittsburgh, PA, May 2, 2024 – Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider of regulatory, analytical and investor communications solutions for the investment management industry, today announced a strategic partnership with Northfield Information Services (“Northfield”), a leading portfolio management analytics provider. The partnership offers Confluence Revolution users seamless access to multi-factor attribution analytics for risk and performance, based on award-winning Northfield models.
Revolution clients will now be able to access Northfield’s innovative multi – factor risk models. Existing Revolution clients can immediately benefit from analysis with Northfield’s factor models.
Multi-factor risk analysis across asset classes has become a key industry practice for our customers. They are looking for a comprehensive tool that can easily provide in-depth factor level analysis of both risk and performances. That’s why we set out to partner with Northfield, to enhance our award-winning risk modelling and performance attribution capabilities with additional insight of a multi-factor approach.
Damian Handzy, Senior Product Manager, Confluence
We’re very excited to collaborate with Confluence to empower clients with integrated access to advanced analytical tools enabling informed decision making. Northfield has been providing factor-based analyses that allow both asset managers and investors to understand the contributions to risk and performance of a selected array of portfolio characteristics. The attributes framing the analysis are chosen to be both pervasive across a broad universe of assets, and persistently important through time. The output can confirm whether strategic mandates are being followed and illustrate which aspects of a strategy represent attractive risk/reward tradeoffs. These benefits have made factor driven risk assessment and performance attribution predominant methodologies among sophisticated investors since the 1970s.
Dan diBartolomeo, Northfield Founder & President
Confluence’s Revolution Performance platform provides investment professionals with in-depth performance attribution and risk analytics services. Adding Northfield to this solution enhances clients’ analysis of multi-asset class portfolios.
To learn more about Confluence, please visit confluence.com
About Northfield
Northfield is a premier portfolio management analytics provider and thought leader. Renowned for in-depth research and unparalleled expertise in risk management and quantitative analysis, Northfield delivers state-of-the-art risk management solutions that provide investment decision-makers with actionable insights. Founded in 1985, Northfield delivers solutions to over 200 clients worldwide. Headquartered in Boston, with offices in London, Tokyo, and Sydney. For more information, please visit: northinfo.com.
About Confluence® Technologies
Confluence is a global leader in enterprise data and software solutions for regulatory, analytics, and investor communications. Our best-of-breed solutions make it easy and fast to create, share, and operationalize mission-critical reporting and actionable insights essential to the investment management industry. Trusted for over 30 years by the largest asset service providers, asset managers, asset owners, and investment consultants worldwide, our global team of regulatory and analytics experts delivers forward-looking innovations and market-leading solutions, adding efficiency, speed, and accuracy to everything we do. Headquartered in Pittsburgh, PA, with 700+ employees across North America, the United Kingdom, Europe, South Africa, and Australia, Confluence services over 1,000 clients in more than 40 countries. For more information, visit www.confluence.com.