Investment management solutions provider Confluence Technologies, Inc. has partnered with Amundi Technology to enhance performance attribution on Amundi’s Alto platforms.
Confluence Revolution, an analytics and reporting solution, will be integrated into Amundi’s Alto platforms to provide multi-asset performance analytics and attribution for clients of the technology arm of European asset manager Amundi.
Amundi’s Alto platform is a proprietary asset management system that the firm makes available to third parties and is a competitor to BlackRock’s dominant Aladdin platform.
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The platforms provide scalable financial management and data tools for asset managers, banks and wealth managers to enhance their capabilities and make impactful investment decisions. On the other hand, Confluence Revolution, a cloud-based platform, offers analytics and reporting for portfolio performance, risk, ESG and compliance.
Todd Moyer, president and COO at Confluence, commented: “Many asset managers are looking to focus more of their time on their core business to increase scale and operational efficiency. Our partnership with Amundi can significantly improve efficiency, helping clients focus on growing their business.”
Benjamin Lucas, CEO of Amundi Technology, added: “Together, we provide a powerful and flexible solution to asset managers, allowing them to focus on their core business – managing their clients’ assets.”
