Pittsburgh, PA, February 18, 2022 – Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider helping the investment management industry solve complex investment data challenges, has won the Performance Attribution Product of the Year category at the 2022 Risk.net Awards for its integrated performance and risk cloud-based solution, Revolution.
This is the sixth year in a row Confluence has won the award category, “Performance Attribution Product of the Year” for its Revolution solution. Revolution offers vital analyses of portfolio performance, attribution, risk and compliance to help its clients reduce costs, improve client communication and control investment decisions.
The Risk Awards are the longest-running and one of the most prestigious awards for firms and individuals involved in risk transfer markets and in risk management. Winners are chosen by Risk’s editorial team through an extensive three-month process that includes a due diligence phase in which nominees’ clients are canvassed off the record for their views on shortlisted firms.
Revolution’s win for Performance Attribution Product of the Year recognizes the functional capabilities of the platform and Confluence’s role as a leading provider to the asset management and investment 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 Performance Attribution Product of the Year is a testament to our commitment to innovation in performance 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 Risk.net alongside other premier service providers, and we are grateful for the recognition.”
As a leading global technology solutions provider to the investment management industry, Confluence helps clients solve complex investment data challenges across the front, middle and back office. From innovative portfolio analytics to regulatory and financial reporting solutions, Confluence invests in the latest technology and data and in its team of industry experts to meet the evolving needs of asset managers and service providers. Headquartered in Pittsburgh, PA, Confluence services over 400 clients in 40 countries, with locations across Europe, North America, South Africa, Australia and Asia. For more information, visit www.confluence.com.
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