Confluence Technologies, Inc., a global technology solutions provider helping the investment management industry solve analytics, compliance and regulatory needs, announces the completion of Old Mutual Multi-Managers’ conversion “to its cloud-based Revolution Performance solution, gaining greater operational efficiency and ease of use in performance and attribution reporting.”
A long-standing client, Old Mutual Multi-Managers (OMMM), a member of Old Mutual Group, has “used Confluence’s legacy performance and analytics platform, Seven and Confluence Data Management (CDM) as an integral component of their data strategy.”
This recent conversion to Revolution represents “a commitment and testament to Confluence technology and its intention to move all platforms to the cloud.”
A Cloud-native solution, the Revolution Performance product “employs elastic cloud computing to drive dependable, secure and efficient operations as well as an easier and more intuitive user experience.”
Damian Handzy, Managing Director of Confluence Analytics division, comments:
“Working with OMMM has been a thoroughly positive experience – the team are passionate and highly engaged. Our elastic cloud computing provides unparalleled benefits of scale, allowing for dependable, secure and efficient operations. We look forward to continuing our relationship with OMMM to support them as they continue to grow.”
Karen February, Chief Operating Officer of Old Mutual Multi-Managers, comments:
“Converting operations to the Revolution platform has enabled us to manage the process of performance measurement, risk analytics and attribution reporting with greater efficiency. We continue to note the benefits to being cloud native and are excited by the strategic improvements that the implementation and usage of Confluence’s Revolution platform will enable.”
As noted in the update, Confluence claims it 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 services, and asset allocators to provide solutions that deliver maximum scalability, speed, and flexibility, while reducing risk and increasing efficiency.”
Headquartered in Pittsburgh, PA, with 900+ employees in 15 offices across the United Kingdom, Europe, North America, South Africa, and Australia, Confluence says it “services over 1000 clients in more than 40 countries.”