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Industry news

Confluence completes integration of StatPro


29 July 2020 Pennsylvania
Reporter: Rebecca Delaney

Generic business image for news article
Image: frankie's/Shutterstock
Confluence has completed the integration of StatPro Group, including its cloud-based portfolio analytics, asset data services, and data management solutions.

The technology solutions provider announced the acquisition in late 2019 and has since updated the group’s brand to match the legacy organisations.

The combined company will retain the name Confluence, and will offer investment management solutions such as performance and analytics, risk, data, regulatory and investor reporting services.

Mark Evans, founder and CEO of Confluence, commented: “The successful integration of StatPro is a major milestone for our company and exemplifies Confluence’s potential as we continue to expand our product offering.”

“Our vision is to provide firms around the world with solutions that turn investment data into financial intelligence, and decisions that we make on a daily basis seek to make that a reality.”
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