Overview

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Total Equity Funding
$60M in 1 Round from 1 Investor
Most Recent Funding
$60M Private Equity on August 24, 2006
Headquarters:
Pittsburgh, Pennsylvania
Description:
Confluence is a software company offering solutions for investment management companies to automate their fund administration process.
Categories:
Finance, Enterprise Software, Data Center Automation
Website:
http://www.confluence.com
Social:

Company Details

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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

Funding Rounds (1) - $60M

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DateAmount / RoundValuationLead InvestorInvestors
Aug, 2006$60M / Private Equity1

Investors (1)

InvestorRound(s)Partner(s)
Private Equity (Lead)-

Current Team (1)

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Board Members and Advisors (1)

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Offices/Locations (1)

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  • Office

    600 River Avenue

    Pittsburgh, Pennsylvania 15212

    United States

Past Team (1)

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