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Confluence Adds Global Executive Sal Pent To European Team
Support Service Managing Director to Drive Continued Global Growth

January 29, 2014

Confluence, a leading provider of automated data management solutions for the investment management industry, announced today that veteran financial services technology executive Sal Pent has joined the company as a Managing Director of Support Services. Based in London, Pent will oversee the company's global customer service and product support operations as Confluence continues to expand its global footprint.

"Sal is an experienced product development and services leader and a proactive change agent. His proven record of growing global organizations will be an asset as we execute on an aggressive path to expand into adjacent and global markets," said Skip Smith, Confluence chief operating officer, who leads the development and execution of Confluence's global growth initiatives. "Our clients will benefit from his leadership in accelerating the speed-to-impact of their technology investments, and from his focus on strategic product innovation."

Pent brings over 20 years of financial services and technology experience to his role, including executive roles with JP Morgan in the United States and the United Kingdom that include executive technology positions in treasury and securities services, electronic fund services, and treasury services management.

"I am excited to join an established global firm that has such a strategic focus on global growth through product innovation, client loyalty and strategic acquisitions. Our top-tier client base will be the foundation of our continued success," Pent said. "Executing on a centralized global delivery model and engaging our loyal clients as partners to grow our global presence in the EMEA region is a top priority in 2014."

About Confluence

As a proven leader delivering an innovative platform to put the data first in asset management, Confluence is leading the DataTech evolution for post-trade reporting. We focus on getting the data right, then reusing it across multiple regulatory, financial, statutory, performance and investor communications deliverables for speed, efficiency and control. Eight of the top 10 global service providers license Confluence products and eight of the top 10 global asset managers have business processes automated through Confluence. Headquartered in Pittsburgh, PA, Confluence serves the international fund industry with locations in Brussels, Ho Chi Minh City, London and Luxembourg.

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