Confluence acquires AIFMD capability

Confluence, a data management firm, has moved to build its ability to deliver tools for alternative investors under Europe’s new regulatory regime.

Confluence, based in Pittsburgh, Pennsylvania, has bought Data Agent, based in Berkley, California, in a bid to offer investment managers a system for meeting the reporting requirements under the Alternative Investment Management Fund Directive (AIFMD), which came into force in July 2013.

Confluence made the announcement last week in Luxembourg and unveiled its Unity NX AIFMD Transparency Reporting system. 

The firm says its tools are used by 60 % of US mutual funds.  

©2013 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST