Confluence expands collaboration with Futuregrowth Asset Management
Latest news
Confluence expands collaboration with Futuregrowth Asset Management 21 April 2021US Reporter: Maddie Saghir
Image: checubus/adobe.stock.com
Confluence Technologies, a global technology solutions provider, has expanded its 10-year relationship with Futuregrowth Asset Management, a fixed-income asset manager.
Headquartered in Cape Town, South Africa, Futuregrowth will now add Delta, Confluence’s multi-asset risk and performance analytics platform, to the suite of services it receives.
Delta is a web-based portfolio analysis and risk management solution, which was acquired from UBS by StatPro in 2017, before StatPro’s own acquisition by Confluence in 2019.
As Futuregrowth continues to look for ways to integrate into the cloud, Delta’s API capabilities and its ability to perform calculations make the solution an ideal fit.
Meanwhile, the partnership also expands Futuregrowth’s commitment to environmental, social and governance (ESG) and responsible investing.
For Confluence, the expanded relationship is emblematic of the company’s continued growth in the Europe, Middle East and Africa region.
According to Confluence, it also further solidifies Delta as a robust and comprehensive risk solution with efficient fixed income functionality.
“The partnership with Delta has provided us with a robust platform to deliver multiple daily valuations for instruments, utilising market data to generate curves and fixed interest valuations, in a systematic automated fashion,” says Barron Africa, chief operating officer at Futuregrowth.
Confluence’s president and chief operating officer, Todd Moyer, comments: “As Confluence continues to grow its global presence—and invest in the South African market—we are honoured to be working with a standard-bearer like Futuregrowth to provide the firm the cutting-edge solutions and efficient processes they need to succeed.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: checubus/adobe.stock.com 