Confluence Technologies, a global technology solutions provider for the investment management industry, has partnered with FundGuard, a cloud native, AI-powered, multi-asset class investment accounting platform.Â
Confluence Technologies (Confluence), a global technology solutions provider for the investment management industry, has partnered with FundGuard, a cloud native, AI-powered, multi-asset class investment accounting platform.
The partnership will combine functionality from Confluence’s fund administration platform Unity, and Revolution, its suite of asset management performance and risk solutions, with FundGuard’s investment accounting platform with the aim of increasing operational efficiency and streamlining fund reporting for asset managers, asset owners, and fund administrators.
Confluence’s Unity and Performance and Risk platforms automate and integrate critical fund administration processes, including the collection, creation, confirmation and delivery of investment product data.
FundGuard helps asset managers and fund administrators to manage hedge funds, ETFs, mutual funds, insurance products, and pension funds, offering asset managers and their service providers a digital multi-book investment accounting platform with real-time data.
The companies say that their complementary solutions will create faster and more consistent reporting, allowing customers to handle more funds with fewer resources and eliminate errors.
