Confluence to acquire Compliance Solutions Strategies (CSS) and Investment Metrics

Acquisitions strengthen Confluence’s suite of best-of-breed solutions, providing clients more intelligence from their data and greater operational efficiency

Confluence, backed by Clearlake Capital and TA Associates, to acquire Compliance Solutions Strategies (CSS), a global provider of cloud-based RegTech solutions

Confluence Technologies, Inc. (“Confluence”), today announced that it has agreed to acquire Compliance Solutions Strategies (“CSS”). Founded in 2017 and headquartered in New York, CSS offers clients a next-generation global RegTech platform underpinned by its proprietary Regulatory Book of Record (RBOR) data management solution. Servicing more than 600 clients globally, including nine of the top 10 global asset managers and six of the top 10 global hedge funds, CSS is a respected and fully integrated Compliance-as-a-Service provider, bringing together innovative SaaS-driven technology solutions, deep regulatory expertise and white-glove managed services to support the investment management community. CSS’s extensive solution capabilities span regulatory reporting, investment monitoring, transaction reporting and compliance program management.

Confluence, backed by Clearlake Capital and TA Associates, to acquire Investment Metrics for $500m

Confluence Technologies, Inc. (“Confluence”), today announced that it has agreed to acquire Investment Metrics for US$500 million. Founded in 1998 and headquartered in Norwalk, Connecticut, Investment Metrics services more than 400 clients across 30 countries with solutions that drive insights across more than 20,000 institutional asset pools, 28,000 funds, 910,000 portfolios, representing over $14 trillion in AUA. Investment Metrics empowers institutional investment allocators, asset owners and asset managers with reporting and analytical research solutions that are foundational to the institutional investment ecosystem.