News

Confluence Wins “Best buy-side risk management initiative over the last 12 months” at 2020 Buy-Side Technology Awards

Pittsburgh, PA, November 6, 2020 – Confluence, the global technology solutions provider delivering innovative products to the worldwide money management industry, has been awarded “Best buy-side risk management initiative over the last 12 months” at the 2020 Buy-Side Technology Awards, hosted by Waters magazine and WatersTechnology.com.

The company has been recognized for Revolution, its comprehensive liquidity risk solution that provides risk managers with a single platform to navigate and meet a diverse set of requirements. Revolution offers vital analyses of portfolio performance, attribution, risk and compliance to help clients reduce costs, improve communication with their own clients and control investment decisions.

The award ceremony was held virtually on November 6, 2020, and recognized Confluence’s enhancements to Revolution designed to address the current risk management challenges across the buy side.

Following the win, Tom Pfister, Confluence’s VP of Global Product Strategy said, “Revolution’s win for Best Risk Management Initiative is a testament to the unparalleled functional capabilities of the platform and Confluence’s role as a leading provider to the investment industry. Our extensive cloud-based platform provides a robust solution for liquidity risk management that allows our clients to confidently meet regulatory requirements. We couldn’t be more proud to receive an award that acknowledges our commitment to delivering the best risk management solution to our clients.”

The Buy-Side Technology Awards recognize the leading technologies and third-party vendors in their area of expertise, through an auditable and transparent methodology underpinned by nine judges: five buy-side-focused technology consultants and four of WatersTechnology’s most experienced journalists.

About Confluence

Confluence is a global technology solutions provider delivering innovative products to the worldwide money management industry that meet asset manager and service provider performance, reporting, analytics, risk and data needs. With the recent acquisition of StatPro, Confluence offers its clients a broader range of data-driven managed investment solutions, including post-trade regulatory and shareholder reporting, performance and attribution, portfolio analytics, asset data services and data management, delivering a full technology suite to the front, middle and back office. Headquartered in Pittsburgh, PA, Confluence services over 400 clients in 39 countries, with locations across Europe, North America, South Africa, Australia and Asia. For more information, visit https://www.confluence.com/en-us/

Media contact:

Michael Kingsley
Forefront Communications Group, Inc.
+ 1 212-320-8984
[email protected]