PITTSBURGH--(EON: Enhanced Online News)--Confluence, the leading provider of automated data management solutions for the investment management industry, has again been recognized as one of the region’s fastest-growing, privately held companies by the Pittsburgh Business Times.
“We congratulate Confluence on its eleventh year on our list and we look forward to watching the continued growth of the company.”
This is the eleventh year Confluence has made the list, and its sixth consecutive nomination since 2006. Candidates are selected based on revenue growth rates between 2008 and 2010.
“Our passion and commitment to clients, along with our visionary approach and strong values have enabled us to succeed, and will provide the foundation for our continued growth,” said Kirk Botula, President and Chief Operating Officer of Confluence. “We are fortunate to have clients that share the Confluence vision of a unified global platform for fund administration and work with Confluence as a strategic partner. Moreover, our exceptional employees embody our corporate values of creativity, imagination, discipline and service to continually deliver outstanding results.”
“We are very pleased with the list of companies on the Pittsburgh 100 this year. The list shows that companies in Pittsburgh are continuing to grow and thrive in today’s economy,” said Alan Robertson, publisher of the Pittsburgh Business Times. “We congratulate Confluence on its eleventh year on our list and we look forward to watching the continued growth of the company.”
Companies named to the Pittsburgh 100 were honored at the Duquesne Club in Pittsburgh on August 25. A special print supplement of the Pittsburgh Business Times, available today, includes a full list of all nominated companies.
Founded in 1991, Confluence is a global leader in fund administration automation. Confluence helps investment management companies gain unprecedented control by automating every step of the fund administration process—including the collection, creation, confirmation, and delivery of investment product data. Results are lower costs, reduced risk, decreased reporting turnaround times, and the scalability to automate more processes without additional resources. Confluence solutions are used by 40 percent of the leading global investment managers, and more than 60 percent of U.S. mutual funds. The Unity® platform from Confluence addresses a wide range of problems from performance measurement to customized reporting for a full array of domestic and international managed investment products, including mutual funds, funds of funds, collective funds, separate accounts, and variable products, as well as hedge funds and other alternative investments. Headquartered in Pittsburgh, PA, Confluence serves the international fund industry with key locations in San Francisco, CA, London and Luxembourg. For more information, visit email@example.com.