Funding Received
$60 Million in 1 Round from 1 Investor
Most Recent Funding
$60 Million Private Equity on August 24, 2006
Headquarters:
Pittsburgh, PA
Description:
Confluence is a software company offering solutions for investment management companies to automate their fund administration process.
Categories:
Finance
Website:
http://www.confluence.com

Detailed Description

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Founded in 1991, Confluence is a global leader in fund administration automation. Confluence helps investment management companies gain unprecedented control by automating every step of the fund administration process including the collection, creation, confirmation, and delivery of investment product data. Results are lower costs, reduced risk, decreased reporting turnaround times, and the scalability to automate more processes without additional resources. Confluence solutions are used by 40 percent of the leading global investment managers, and more than 60 percent of U.S. mutual funds. The Unity platform from Confluence addresses a wide range of problems from performance measurement to customized reporting for a full array of domestic and international managed investment products, including mutual funds, funds of funds, collective funds, separate accounts, and variable products, as well as hedge funds and other alternative investments. Major fund companies such as the Principal Financial Group, T. Rowe Price, and Russell Investments; and service providers such as U.S. Bancorp Fund Services rely on Confluence

Current Team (1)

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  • Cb default image

    Joan Tesla

    VP Marketing and Communications
    Feb 25, 2010

Past Team (2)

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Funding Rounds (1) - $60M

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Investors (1)

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    Polaris Partners

    Polaris Partners is a venture company investing in digital media, life sciences, and enterprise...

Offices/Locations (1)

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  • Office

    600 River Avenue

    Pittsburgh, PA 15212

    USA