Confluence Promotes Todd Moyer to Executive Vice President
Expands North American Sales Management Team
May 6, 2014
Confluence, a global leader in data-driven solutions to optimize managed investment efficiency and control, continues to grow and develop its team in support of its global growth trajectory. Todd Moyer has been promoted from Senior Vice President of Global Sales to Executive Vice President of Global Business Development, while seasoned financial services executive Lou DelVerme is joining the 23-year-old company as Director of North American Business Development.
"Todd has been instrumental in maturing our global business development capabilities, securing our footprint in Europe, and growing top-line revenue," CEO Mark Evans said. "Under Todd's leadership, Confluence achieved double-digit growth last year and built a direct sales channel into the alternative investment market."
Moyer has spent more than a decade in the investment industry, where he has had an ear to the ground listening to industry issues and developing solutions to help asset managers and service providers drive efficiency and tackle complex problems. He will lead Confluence's global growth efforts as they relate to strategic market management and sales strategy and execution.
"As the data challenges in North America and Europe grow in complexity, our team will continue to listen closely to the managed investment industry and develop solutions that anticipate their needs for additional efficiency and control," Moyer said.
DelVerme, as head of North American business development, will report to Moyer and be responsible for expanding Confluence's market presence in the United States and Canada. He comes to Confluence from SunGard Wealth Management, where he served for more than a decade as a senior vice president, leading teams that provide clients with enterprise wealth management solutions and services.
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.