Pittsburgh, PA, and London, April 28, 2020 – Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider delivering innovative products to the worldwide money management industry, has announced that following the October 2019 acquisition of StatPro Group, the newly integrated company will begin doing business under the ‘Confluence’ name.
Confluence’s acquisition of StatPro brought together two highly complementary businesses to create a global technology solutions provider delivering innovative products to the worldwide money management industry that meet asset managers and service providers’ performance, risk, data, regulatory and investor communication needs. While the name will be changing, there will be no disruption to the service we offer our clients, and our commitment to our clients’ success is unwavering as we continue to support the solutions that they use today.
Mark Evans, Confluence’s CEO commented: “While the coronavirus and the manner in which we are all working today has changed our daily lives in a number of ways, StatPro and Confluence remain committed to providing our clients with the solutions they have come to expect and depend on. Following our acquisition of StatPro Group in October 2019 we have recently decided that our newly integrated company will do business as ‘Confluence’ with new branding including a combined website reflecting this change forthcoming.”
We are already seeing the industry recognition of the power of the combined Confluence and StatPro solution and will continue to deliver best-of-breed solutions in performance, risk, data, regulatory and investor communication.
|Confluence Technologies, Inc.|
|Gary Casagrande, Vice President of Global Market Strategy||+1 412.802.8632|
Confluence is a global technology solutions provider delivering innovative products to the worldwide money management industry that meet asset managers and service providers performance, reporting, analytics, risk and data needs. With the recent acquisition of StatPro, Confluence offers its clients a broader range of data-driven managed investment solutions, including post-trade regulatory and shareholder reporting, performance and attribution, portfolio analytics, asset data services and data management, delivering a full technology suite to the front, middle and back office. Headquartered in Pittsburgh, PA, Confluence services over 400 clients in 39 countries, with locations across Europe, North America, South Africa, Australia and Asia.