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Confluence expands European offering
10 February 2014
Launches new office in Dublin
Confluence has opened an office in Ireland as part of plans to
expand in Europe.
The firm aims to take advantage of data management automation
in the investment industry.
Confluence already has a presence in London and
"The global fund industry’s appetite for data
consolidation and automation solutions is increasing," said
Skip Smith, chief operating officer. "The Dublin office is part
of our strategic plan to meet the rising needs of back office
professionals. Our goal is to support asset managers and
service providers as they look to solve the complex data
management challenges associated with regulatory issues, and
other cross-border reporting challenges."
The firm said that in spite of tougher regulation, many fund
managers continue to depend on manual spreadsheets to track
Meanwhile the firm has hired Sal Pent as managing director of
support services. He will oversee the company's global customer
service and product support operations as Confluence continues
to expand its global footprint.
Pent has more than 20 years of financial services and
technology experience, including executive roles with JPMorgan
in the US and UK in treasury and securities services,
electronic fund services, and treasury services