Pittsburgh, PA, May 17, 2024 – Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider for regulatory, analytical and investor communications solutions for the investment management industry has won Best Data Newcomer at the 2024 Inside Market Data Awards & Inside Reference Data Awards, hosted by WatersTechnology.

The annual awards, unveiled in 2004, features 28 specialist categories from across the financial services industry. These awards recognize initiatives, innovation, technology and services across the market and reference data domains, including ESG and alternative data, corporate actions data, data analytics, evaluated pricing data, research, data management tools, and managed data services.

Clinton Moseley, Managing Director, Global Data Services at Confluence, said:

“We’re honoured to be recognised by WatersTechnology for our market-leading suite of data solutions. As the volume of data in the investment management industry continues to grow, and the demands from both clients and regulators mount, we’re committed to helping our clients to transform raw data into meaningful insights and provide solutions to their complex data challenges.”

Over the past year, Confluence has rolled out a number of innovative solutions for the investment management industry including Unity Rex, its large language model-based solution that reconciles data from investor reports in seconds helping clients meet regulatory reporting requirements. Late last year, Confluence also launched Prism Analytics which provides asset managers access to a range of previously unavailable market information.

To learn more about Confluence, please visit confluence.com