{"id":464782,"date":"2021-03-25T04:33:03","date_gmt":"2021-03-25T08:33:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=464782"},"modified":"2021-03-25T04:33:03","modified_gmt":"2021-03-25T08:33:03","slug":"confluences-risk-api-solution-chosen-by-leading-global-fund-administrator","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/confluences-risk-api-solution-chosen-by-leading-global-fund-administrator\/","title":{"rendered":"Confluence\u2019s Risk API Solution Chosen by Leading Global Fund Administrator"},"content":{"rendered":"

\nUnder a long-term contract, the new global fund administrator client will employ Confluence\u2019s cloud-based Risk API solution
\n<\/h2>\n
\n

Pittsburgh, PA, March 25, 2021 (GLOBE NEWSWIRE) — Confluence Technologies, Inc<\/a>. (\u201cConfluence\u201d), a global technology solutions provider helping the investment management industry solve complex investment data challenges, today announced it has secured a long-term contract with a leading global fund administrator that will use Confluence\u2019s Risk API solution to deliver fully-fledged risk analytics.<\/p>\n

The global fund administrator will use Confluence\u2019s Risk API to build customized downstream reports for a large and growing number of client portfolios. The new client recognized the complexity of aggregating and managing the necessary data, and the importance of cleaning and controlling that data before calculating risk. As such, the firm turned to Confluence\u2019s Revolution platform, as it provides access to on-demand risk analysis and integrates into its cloud platform, creating a scalable and efficient method for reporting. With broad asset class coverage and scalability, the leading global fund administrator can now use Risk API, part of the Revolution suite, to create a more efficient, timely and cost-effective reporting workflow.<\/p>\n

The engagement demonstrates Confluence\u2019s ability to provide scalability without compromising on the underlying risk model. Risk API allows clients to lower their operational costs while providing them with the flexibility required to construct custom solutions for their clients.<\/p>\n

\u201cFund administrators today are looking for solutions that account for their risk, performance and attribution needs in the most streamlined ways possible,\u201d said Todd Moyer, Confluence\u2019s President and Chief Operating Officer. \u201cOur groundbreaking Revolution platform uses best-of-breed technology across regions and asset classes to provide a seamless and efficient experience for our clients. We\u2019re looking forward to partnering with this global fund administrator and contributing to their overall success\u2014and to the success of their own investor customers\u2014by offering an unparalleled level of operational efficiency.\u201d<\/p>\n

\n Revolution<\/a> is a cloud-based platform, offering vital analysis of portfolio performance, attribution, risk and compliance. It helps clients reduce costs, improve client communication and control investment decisions.<\/p>\n

\u00a0<\/p>\n

\n About Confluence <\/b>\n <\/p>\n

As a leading global technology solutions provider to the investment management industry, Confluence helps clients solve complex investment data challenges across the front, middle and back office. From innovative portfolio analytics to regulatory and financial reporting solutions, Confluence invests in the latest technology and data and in its team of industry experts to meet the evolving needs of asset managers and service providers. Headquartered in Pittsburgh, PA, Confluence services over 400 clients in 39 countries, with locations across Europe, North America, South Africa, Australia and Asia. For more information, visit\u00a0www.confluence.com<\/a><\/p>\n


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Michael Kingsley\r\nForefront Communications Group, Inc.\r\n+ 1 212-320-8984\r\nmkingsley@forefrontcomms.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Under a long-term contract, the new global fund administrator client will employ Confluence\u2019s cloud-based Risk API solution Pittsburgh, PA, March 25, 2021 (GLOBE NEWSWIRE) — Confluence Technologies, Inc. (\u201cConfluence\u201d), a global technology solutions provider helping the investment management industry solve complex investment data challenges, today announced it has secured a long-term contract with a leading global fund administrator that will use Confluence\u2019s Risk API solution to deliver fully-fledged risk analytics. The global fund administrator will use Confluence\u2019s Risk API to build customized downstream reports for a large and growing number of client portfolios. The new client recognized the complexity of aggregating and managing the necessary data, and the importance of cleaning and controlling that data before calculating risk. As such, … <\/p>\n
Continue reading “Confluence\u2019s Risk API Solution Chosen by Leading Global Fund Administrator”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-464782","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nConfluence\u2019s Risk API Solution Chosen by Leading Global Fund Administrator - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/confluences-risk-api-solution-chosen-by-leading-global-fund-administrator\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Confluence\u2019s Risk API Solution Chosen by Leading Global Fund Administrator - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Under a long-term contract, the new global fund administrator client will employ Confluence\u2019s cloud-based Risk API solution Pittsburgh, PA, March 25, 2021 (GLOBE NEWSWIRE) — Confluence Technologies, Inc. (\u201cConfluence\u201d), a global technology solutions provider helping the investment management industry solve complex investment data challenges, today announced it has secured a long-term contract with a leading global fund administrator that will use Confluence\u2019s Risk API solution to deliver fully-fledged risk analytics. The global fund administrator will use Confluence\u2019s Risk API to build customized downstream reports for a large and growing number of client portfolios. The new client recognized the complexity of aggregating and managing the necessary data, and the importance of cleaning and controlling that data before calculating risk. 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