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Confluence Appoints Irfan Salim to Board of Directors
Veteran Software Industry Leader to Help Steer Firm through Period of Rapid Growth

October 6, 2014

Confluence, a global leader in data-driven solutions to optimize asset management operations, efficiency and control, today announced the appointment of Irfan Salim to its Board of Directors. Salim brings with him more than 30 years of experience leading fast growing business software companies. He joins Confluence as the company continues on its trajectory of accelerated global growth through product innovation and acquisition.

Salim most recently served as President and CEO of MarkMonitor, a leader in the enterprise brand protection space, which was acquired by Thomson Reuters in 2012. Prior to MarkMonitor, Salim previously held various high profile positions. He was the President and COO of Zone Labs, an Internet security company, where he led its growth strategy and ensuing sale to Check Point Technologies in 2004. He was also President of U.S. and European operations at TrendMicro, President and CEO at desktop publishing and presentation software company Software Publishing Corporation, and Vice President and General Manager at Lotus Development. Prior to Lotus, Irfan spent seven years with Texas Instruments.

"Irfan's extensive experience leading companies through periods of rapid expansion makes him an excellent addition to the Confluence Board of Directors," CEO Mark Evans said. "We look forward to leveraging his expert counsel as Confluence continues to scale our global operations to become the leader in SaaS-enabled data aggregation and dissemination solutions for the global asset management industry."

"I am excited to join the prestigious Confluence Board and to be actively involved as the company continues its global expansion," Irfan said. "Confluence has an impressive performance history and is uniquely positioned for fast-paced growth in a rapidly transforming market."

In addition to Salim, the Confluence Board of Directors includes Dave Barrett, Managing General Partner of Polaris Partners; Thomas H. O'Brien, retired Chairman of The PNC Financial Services Group, Inc.; former IBM executive Dr. Michael D. Zisman; and Mark Evans, founder, Chairman, CEO and President of Confluence.

Salim currently also serves on the Board of LogMeIn (Nasdaq: LOGM), which provides on-demand, remote-connectivity solutions; Recurly, a payment and subscription services management platform company; and Cyphort, an Advanced Persistent Threat (APT) prevention company.

He holds an undergraduate degree in Aeronautical Engineering from Imperial College London, and an M.B.A. from Manchester Business School, England.

About Confluence

Confluence is a global technology solutions provider delivering innovative products to the worldwide money management industry, to meet asset managers’ and service providers’ 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, and asset data services and data management, delivering a full technology suite to the front, middle and back office. Headquartered in Pittsburgh, PA, Confluence serves the international fund industry with locations across Europe, North America, South Africa, Australia and Asia.

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