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Old Mutual Multi-Managers upgrades with Confluence

Source: Confluence

Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider helping the investment management industry solve analytics, compliance and regulatory needs, today announces the completion of Old Mutual Multi-Managers’ conversion to its cloud-based Revolution Performance solution, gaining greater operational efficiency and ease of use in performance and attribution reporting.

A long-standing client, Old Mutual Multi-Managers (OMMM), a member of Old Mutual Group, has used Confluence’s legacy performance and analytics platform, Seven and Confluence Data Management (CDM) as an integral component of their data strategy. This recent conversion to Revolution represents a commitment and testament to Confluence technology and its intention to move all platforms to the cloud. A cloud-native solution, the Revolution Performance product employs elastic cloud computing to drive dependable, secure and efficient operations as well as an easier and more intuitive user experience.

Damian Handzy, Managing Director of Confluence Analytics division, comments, “Working with OMMM has been a thoroughly positive experience - the team are passionate and highly engaged. Our elastic cloud computing provides unparalleled benefits of scale, allowing for dependable, secure and efficient operations. We look forward to continuing our relationship with OMMM to support them as they continue to grow.”

Karen February, Chief Operating Officer of Old Mutual Multi-Managers comments: “Converting operations to the Revolution platform has enabled us to manage the process of performance measurement, risk analytics and attribution reporting with greater efficiency. We continue to note the benefits to being cloud native and are excited by the strategic improvements that the implementation and usage of Confluence’s Revolution platform will enable.”

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