Confluence Launches Evaluated Fixed Income Pricing Data Feed on Snowflake Marketplace

The comprehensive pricing data increases efficiency in daily and monthly fund NAV calculations for joint clients

PITTSBURGH--(BUSINESS WIRE)--Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider for regulatory, analytics, and investor communications for the investment management industry, today announced that the Confluence Evaluated Fixed Income Pricing data feed is now available on Snowflake Marketplace. This gives firms more streamlined access to Confluence’s wide range of fixed income pricing data, increasing efficiency in fund calculations.

“We are excited to be a part of the Snowflake Marketplace. Our Evaluated Fixed Income Pricing data is now accessible to Snowflake’s and Confluence’s clients, enabling easy integration of our data and services into clients’ platforms while benefiting from Snowflake's scalability and security,” said Clinton Moseley, Managing Director, Global Data Services and Data Governance.

By leveraging the Snowflake AI Data Cloud, Confluence is providing investment management clients with independent end-of-day and intra-day valuations for their fund net asset value (NAV) calculations. Clients can also run portfolio valuations for reporting, independent price verification (IPV), and index pricing.

“By bringing Confluence and its Evaluated Fixed Income Pricing feed onto Snowflake Marketplace, we’re giving joint clients the power to make data-driven decisions more efficiently,” said Rinesh Patel, Global Head of Financial Services at Snowflake. “Clients of Snowflake and Confluence will now be able to discover and access critical fixed income pricing information through the Marketplace, making it possible to run more accurate and timely fund calculations.”

Clients who leverage Confluence Evaluated Fixed Income Pricing on Snowflake Marketplace can access a wide range of global fixed-income products (including years of historical data). The data set currently covers over one million fixed-income instruments, proportionally divided into three major sectors: APAC, EMEA, and Americas. In some cases, historical data goes back 20+ years.

Snowflake Marketplace is powered by Snowflake’s ground-breaking cross-cloud technology, Snowgrid, allowing companies direct access to raw data products and the ability to leverage data, apps, and AI products quickly, securely, and cost-effectively. Snowflake Marketplace simplifies discovery, access, and the commercialization of data products, enabling companies to unlock entirely new revenue streams and extended insights across the AI Data Cloud. To learn more about Snowflake Marketplace and how to find, try and buy the data, apps and AI products needed for innovative business solutions, click here.

About Confluence

Confluence is a global leader in enterprise data and software solutions for regulatory, analytics, and investor communications. Our best-of-breed solutions make it easy and fast to create, share, and operationalize mission-critical reporting and actionable insights essential to the investment management industry. Trusted for over 30 years by the largest asset service providers, asset managers, asset owners, and investment consultants worldwide, our global team of regulatory and analytics experts delivers forward-looking innovations and market-leading solutions, adding efficiency, speed, and accuracy to everything we do. Headquartered in Pittsburgh, PA, with ~700+ employees across North America, the United Kingdom, Europe, South Africa, and Australia, Confluence services over 1,000 clients in more than 40 countries. For more information, visit confluence.com