Confluence and FundGuard partner for operational efficiency
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Confluence and FundGuard partner for operational efficiency 21 March 2023US Reporter: Jenna Lomax
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Technology solutions provider Confluence Technologies has partnered with fund accounting platform FundGuard in an effort to increase operational efficiency.
Confluence’s suite of asset management performance and risk solutions Unity and Revolution will be merged with FundGuard’s investment accounting platform.
The partnership will create faster and more consistent reporting, allowing customers to
handle more funds with fewer resources and eliminate errors, says FundGuard.
Confluence’s performance and risk platforms automate and integrate fund administration processes, including the collection, creation, confirmation and delivery of investment product data.
FundGuard offers asset managers and their service providers a platform with real-time data, integrated across all workflows.
Tom Pfister, managing director of compliance, reporting and services at Confluence, comments: “With ever-evolving regulations a part of today’s reality, customers are demanding fund reporting systems that are fast, integrated, consistent and easy to use. Confluence’s regulatory reporting platforms, complemented by FundGuard’s solution, strengthens delivery quality and drives
regulatory-compliant results with speed, scale and efficiency.”
John Lehner, president of FundGuard, says: “The partnership we have developed with Confluence allows our collective clients to benefit from more enhanced fund reporting capabilities.
“Our shared goal to help customers streamline their operations, while navigating increasingly complex data challenges, has led us to an optimised solution that combines strengths from both platforms to deliver the best possible customer experience and outcomes.”
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