Confluence and FundGuard partner to streamline fund reporting
Confluence’s Unity platform combined with FundGuard’s capabilities will enhance operational efficiency and deliver customers an out-of-box financial reporting experience.
Pittsburgh, PA, March 20, 2023 – Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider helping the investment management industry solve complex investment data challenges, today announced a partnership with FundGuard, the cloud native, AI-powered, multi-asset class investment accounting platform. The partnership will combine functionality from Confluence’s fund administration platform Unity™ and Revolution, its suite of asset management performance and risk , with FundGuard’s investment accounting platform to increase operational efficiency and streamline fund reporting for asset managers, asset owners, and fund administrators.
With ever-evolving regulations a part of today’s reality, customers are demanding fund reporting systems that are fast, integrated, consistent and easy to use. Confluence’s UnityTM and UnityTM NXT Regulatory Reporting platforms complemented by FundGuard’s solution strengthens delivery quality, and drives regulatory-compliant results with speed, scale, and efficiency.Tom Pfister, Managing Director, Compliance, Reporting and Services, Confluence
Tom Pfister, Managing Director, Compliance, Reporting and Services, Confluence
The partnership we have developed with Confluence allows our collective clients to benefit from more enhanced fund reporting capabilities. Our shared goal to help customers streamline their operations while navigating increasingly complex data challenges has led us to an optimized solution that combines strengths from both platforms to deliver the best possible customer experience and outcomes.
John Lehner, President, FundGuard.
Confluence’s Unity and Performance and Risk platforms automate and integrate critical fund administration processes, including the collection, creation, confirmation and delivery of investment product data. FundGuard offers asset managers and their service providers a truly digital multi-book investment accounting platform with real-time data that’s seamlessly integrated across all workflows. The complementary solutions will create faster and more consistent reporting, allowing customers to handle more funds with fewer resources and eliminate errors. This is especially important in today’s marketplace as the need for regulatory transparency continues to increase.
About Confluence® Technologies
Confluence is a global leader in enterprise data and software solutions for regulatory, analytics, and investor communications. Our best-of-breed solutions make it easy and fast to create, share, and operationalize mission-critical reporting and actionable insights essential to the investment management industry. Trusted for over 30 years by the largest asset service providers, asset managers, asset owners, and investment consultants worldwide, our global team of regulatory and analytics experts delivers forward-looking innovations and market-leading solutions, adding efficiency, speed, and accuracy to everything we do. Headquartered in Pittsburgh, PA, with 700+ employees across North America, the United Kingdom, Europe, South Africa, and Australia, Confluence services over 1,000 clients in more than 40 countries. For more information, visit www.confluence.com.