August 20, 2014 1:01 AM ET

Software

Company Overview of Confluence Technologies, Inc.

Company Overview

Confluence Technologies, Inc. provides automated data management solutions for the investment management industry worldwide. It offers Unity, a unified fund administration platform to solve a range of problems from performance measurement to customized reporting for mutual funds, variable products, alternative investments, and other instruments. Its platform includes Unity Benchmarks to automate the process of collecting index-level values, and calculating and updating benchmark returns; Unity Budgeting for budget and expense analysis; Unity Expense Management to automate expense management; Unity Expense Payments to address expense payment and documentation function phases; Unity Financial ...

600 River Avenue

Pittsburgh, PA 15212-5935

United States

Founded in 1991

Phone:

412-802-8632

Fax:

412-802-8647

Key Executives for Confluence Technologies, Inc.

Founder
Chief Financial Officer
Chief Operating Officer
Senior Vice President and General Counsel
Senior Vice President of Services
Compensation as of Fiscal Year 2014.

Confluence Technologies, Inc. Key Developments

Confluence Announces Executive Promotions; Opens New Office in Ireland

Confluence continues to grow and develop its team in support of its global growth trajectory. Todd Moyer has been promoted from Senior Vice President of Global Sales to Executive Vice President of Global Business Development, while seasoned financial services executive Lou DelVerme is joining the 23-year-old company as Director of North American Business Development. Moyer has spent more than a decade in the investment industry, where he has had an ear to the ground listening to industry issues and developing solutions to help asset managers and service providers drive efficiency and tackle complex problems. He will lead Confluence's global growth efforts as they relate to strategic market management and sales strategy and execution. DelVerme, as head of North American business development, will report to Moyer and be responsible for expanding Confluence's market presence in the United States and Canada. He comes to Confluence from SunGard Wealth Management, where he served for more than a decade as a senior vice president, leading teams that provide clients with enterprise wealth management solutions and services. The company's rapid global growth has also lately included the addition of Hugh Byrne, who will report to Moyer as Managing Director of Sales in Europe. The company announced opening of a new office in Ireland.

Confluence Appoints Sal Pent as Managing Director of Support Services

Confluence announced that Sal Pent has joined the company as a Managing Director of Support Services. Based in London, Pent will oversee the company's global customer service and product support operations as Confluence continues to expand its global footprint. Pent brings over 20 years of financial services and technology experience to his role, including executive roles with JP Morgan in the United States and the United Kingdom that include executive technology positions in treasury and securities services, electronic fund services, and treasury services management.

Confluence Technologies Mulls Acquisition

Confluence Technologies, Inc. is looking for acquisitions. Sal Pent, who has joined as a Managing Director of Support Services, said, “I am excited to join an established global firm that has such a strategic focus on global growth through product innovation, client loyalty and strategic acquisitions. Our top-tier client base will be the foundation of our continued success. Executing on a centralized global delivery model and engaging our loyal clients as partners to grow our global presence in the EMEA region is a top priority in 2014.”

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