PITTSBURGH--(BUSINESS WIRE)--Confluence, the global leader in investment data management automation, announced today that it has been shortlisted for two categories in the 2014 HFMWeek U.S. Hedge Fund Services Awards – “Most Innovative Technology Provider” and “Best Technology Firm - Client Service.” The annual HFMWeek awards recognize outstanding service and support to the North America Hedge Fund Industry over the past year.
The “Most Innovative Technology Provider” award is designed to honor technology vendors that have developed an exceptional new product or solution for a client problem. The “Best Technology Firm -Client Service” award is designed to honor the technology vendor that has shown utmost commitment to customer service.
Since the beginning of 2013, Confluence has launched a number of products on its platform that address significant investment manager and fund administrator needs. New product offerings include the enterprise-grade SaaS-enabled Unity NXT platform, solutions for the regulatory mandates Alternative Investment Management Directive (AIFMD), Form PF and Form CPO-PQR. Each product has been designed to streamline data management processes, reduce risk and lower cost by leveraging automation technology to support and drive workflow requirements.
At the heart of Confluence's innovative culture is its client loyalty program. The program not only provides proactive support, but also benefits clients by giving them a voice into all levels at Confluence and a forum for taking part in two-way communications on strategic initiatives.
"We are honored to be recognized by HFMWeek in two areas that are at the heart of our growing business," said Mark Evans, CEO at Confluence. "Innovation requires more than funding, it requires a systematic commitment to problem solving. We strive to identify unaddressed needs and build a conceptual framework that focuses on delivering solutions that add value with minimal time delay. But beyond delivering innovative products, we aim to continually strengthen client loyalty by enhancing our existing offerings. In fact, our goal is to be a world-class leader in client loyalty."
Winners of the 2014 HFMWeek U.S. Hedge Fund Services Awards will be announced on the afternoon of Thursday, October 23 at 12.00pm, at Cipriani, 42nd St, New York.
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.