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Press Release: Confluence receives 2024 TabbFORUM NOVA Award for innovation in capital markets

Confluence was recognized as a top innovator in the investment management industry for its unique technology advances and trusted software solutions

Pittsburgh, PA, May 3, 2024 – Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider for regulatory, analytical and investor communications solutions for the investment management industry was honored with the 2024 TabbFORUM NOVA award for its industry impact and leadership as a technology-driven innovator in capital markets.

The annual NOVA awards are given to 40 organizations based on recent and sustained accomplishments in innovation as well as 10 up-and-coming organizations. They range from major exchanges, market infrastructures, asset managers and information networks, to high-performance technology and trading platforms, niche data providers and blockchain developers focused on institutional and capital-market applications.

Damian Handzy, Managing Director, Analytics Division at Confluence, said:

“We’re honored to be among the exceptionally innovative organizations in financial services recognized by the TabbFORUM. The award is a testament to our reputation as a global technology solutions provider that helps our clients solve complex data challenges, reduce risk and increase efficiency.”

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.

The selections and judging for the NOVA awards were based on staff research, with a nomination process and consideration of recommendations from the community. Winners were honored at an awards reception on April 30th in New York City at the Tribeca Grill’s private loft.

To learn more about Confluence, please visit confluence.com

About Confluence

Confluence is a leading global technology solutions provider committed to helping the investment management industry solve complex data challenges across the front, middle and back offices. From data-driven portfolio analytics to compliance and regulatory solutions, including investment insights and research, Confluence invests in the latest technology to meet the evolving needs of asset managers, asset owners, asset servicers, and asset allocators to provide best-of-breed solutions that deliver maximum scalability, speed, and flexibility, while reducing risk and increasing efficiency. Headquartered in Pittsburgh, PA, with 750+ employees in 15 offices across the United Kingdom, Europe, North America, South Africa, and Australia, Confluence services over 1000 clients in more than 40 countries. For more information, visit www.confluence.com.

About TabbFORUM

TABB Group is the international research and consulting firm focused exclusively on capital markets, founded on the interview-based research methodology developed by Larry Tabb. Since 2003, TABB Group has been helping business leaders gain a truer understanding of financial markets issues to develop actionable roadmaps and approaches to future growth. By accurately assessing their customer base, competition, and key market opportunities, TABB Group works with senior industry leaders to make critical decisions about their business.

Confluence Media Contact:

Vanja Lakic
Cognito
[email protected]
+1 (917) 660-8527