Confluence Appoints Irfan Salim to Board of Directors

Veteran Software Industry Leader to Help Steer Firm through Period of Rapid Growth

PITTSBURGH--()--Confluence, a global leader in data-driven solutions to optimize asset management operations, efficiency and control, today announced the appointment of Irfan Salim to its Board of Directors. Salim brings with him more than 30 years of experience leading fast growing business software companies. He joins Confluence as the company continues on its trajectory of accelerated global growth through product innovation and acquisition.

Salim most recently served as President and CEO of MarkMonitor, a leader in the enterprise brand protection space, which was acquired by Thomson Reuters in 2012. Prior to MarkMonitor, Salim previously held various high profile positions. He was the President and COO of Zone Labs, an Internet security company, where he led its growth strategy and ensuing sale to Check Point Technologies in 2004. He was also President of U.S. and European operations at TrendMicro, President and CEO at desktop publishing and presentation software company Software Publishing Corporation, and Vice President and General Manager at Lotus Development. Prior to Lotus, Irfan spent seven years with Texas Instruments.

"Irfan’s extensive experience leading companies through periods of rapid expansion makes him an excellent addition to the Confluence Board of Directors," CEO Mark Evans said. "We look forward to leveraging his expert counsel as Confluence continues to scale our global operations to become the leader in SaaS-enabled data aggregation and dissemination solutions for the global asset management industry."

"I am excited to join the prestigious Confluence Board and to be actively involved as the company continues its global expansion," Irfan said. "Confluence has an impressive performance history and is uniquely positioned for fast-paced growth in a rapidly transforming market."

In addition to Salim, the Confluence Board of Directors includes Dave Barrett, Managing General Partner of Polaris Partners; Thomas H. O'Brien, retired Chairman of The PNC Financial Services Group, Inc.; former IBM executive Dr. Michael D. Zisman; and Mark Evans, founder, Chairman, CEO and President of Confluence.

Salim currently also serves on the Board of LogMeIn (Nasdaq: LOGM), which provides on-demand, remote-connectivity solutions; Recurly, a payment and subscription services management platform company; and Cyphort, an Advanced Persistent Threat (APT) prevention company.

He holds an undergraduate degree in Aeronautical Engineering from Imperial College London, and an M.B.A. from Manchester Business School, England.

About Confluence

As a global leader in data-driven solutions for efficiency and control, the asset management industry has relied on Confluence to solve the industry’s toughest data management, automation and regulatory challenges for managed investments for more than 20 years.

Innovative and scalable, the Confluence unified platform enables asset managers to consolidate and leverage data across business operations. Confluence solutions support a wide array of fund types – including UCITS, U.S. ’40 ACT mutual funds, and contemporary fund structures such as ETFs. In addition, as a leading AIFMD, Form PF and Form CPO-PQR reporting provider in the alternative investment industry, our team has been solving the data integration and data reporting problems of hedge funds and fund managers for more than a decade.

Headquartered in Pittsburgh, PA, Confluence serves the international fund industry with key locations in Dublin, London, Luxembourg, Ho Chi Minh City and San Francisco. For more information, visit www.confluence.com.

Contacts

U.S. Media:
Bliss Integrated Communication
Patrick Ruppe
+1 212-840-1661
patrick@blissintegrated.com
or
Europe Media:
Hume Brophy
Supriya Mathur, James Dumelow, Camille Oster
+44 20 3440 5661
Confluence@humebrophy.com

Contacts

U.S. Media:
Bliss Integrated Communication
Patrick Ruppe
+1 212-840-1661
patrick@blissintegrated.com
or
Europe Media:
Hume Brophy
Supriya Mathur, James Dumelow, Camille Oster
+44 20 3440 5661
Confluence@humebrophy.com