Arcesium partners with Confluence
Arcesium, a provider of financial technology, and Confluence, a company offering technology for the investment management industry, have partnered to deliver integrated data management and analytics to the operational functions of asset management.
The companies hope to improve workflow efficiency in performance, risk and regulatory reporting by consolidating vendor relationships and lowering the related costs of ownership.
To this end, Confluence’s StatPro offering, which comprises performance attribution, risk, GIPS and other investment analytics, will be integrated with Arcesium’s Financial Data Stack modules and its cloud-based data management platform, Aquata.
"This partnership brings together the shared vision, strengths and expertise of both companies to drive efficiency and enhance customer experiences for institutional asset managers,” said David Nable, head of client and partner development...