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Confluence Awarded ‘Best use of the Agile Methodology by a Technology Vendor’ by Waters Technology

November 10, 2016

(London – Nov 4, 2016): Confluence, a global leader in investment data management automation for performance measurement and analysis and regulatory, financial and investor reporting, was today awarded 'Best use of the agile methodology by a technology vendor' for its Scrum methodology, at the 10th Annual Waters Technology Buy-Side Technology Awards 2016.

The category is an inaugural one at this year's awards and acknowledges Confluence's success in operating in an agile manner through regular sprints, frequent software releases, and close, ongoing collaboration with clients.

Scrum is the most prevalent Agile methodology used at Confluence today – and is a highly usable, automated solution that solves the market's needs. Confluence harnesses the power of Agile to deliver value to stakeholders with a repeatable, reliable and rapid pace. Confluence's model for stakeholder engagement underscore their development processes is – including validating market solutions, providing feedback on product functionality, as well as taking advantage of Confluence's monthly releases to utilize new features.

Chris Evans, SVP and Chief Technology Officer at Confluence, said: "We are very excited to have been recognised by Waters Technology, a leading publication in our industry, in the use of the agile methodology. Its implementation runs deep throughout the firm's product development teams, and is strategically aligned with Confluence's corporate values of integrity, imagination, discipline and service – hence this is a great validation for us.
Confluence's Scrum methodology's success would not have been possible without utilizing Scrum practices, frequent releases and strong partnerships with our stakeholders, therefore we are also extremely grateful to them for having given us the opportunity to exploit the multiple facets of this innovative solution."

Held in London, the Waters Technology Buy-Side Technology Awards recognize the leading technologies and vendors in their area of expertise, through an auditable and transparent methodology underpinned by the input and experience of seven judges - five buy-side-focused technology consultants and two of Buy-Side Technology's editors.

About Confluence

As a global leader in data-driven solutions for efficiency and control, Confluence solves tough data management and automation challenges for the asset management industry, including performance reporting, regulatory reporting, investor communications and fund expense management. Confluence solutions enable asset managers and third-party administrators to consolidate and leverage data across business operations which results in lower costs, reduced risk, decreased reporting turnaround times and the scalability to automate more processes without additional resources. The platform features solutions to support a wide array of fund types – including mutual funds, ETFs, alternative investments, institutional portfolios and UCITS funds.

Seven 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, Dublin, Ho Chi Minh City, London, Luxembourg and San Francisco. For more information, visit www.confluence.com.

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