(Regulatory and industry standards compliance concerns are hitting home for many securities firms, and Kate Maryniak, head of product management for Revolution at Confluence Technologies, spoke with FTF News about them in the second half of our recent Q&A. Maryniak, who originally joined StatPro in 2001, has served in many client-facing roles to help deliver… Read More >>
FinTech Still Drives Ops: Q&A with Confluence
(Confluence Technologies, a solutions provider for investment management firms, is no stranger the strong currents of change that ripple through the financial technology industry. Just last month, Confluence, backed by Clearlake Capital and TA Associates, acquired Compliance Solutions Strategies (CSS), a cloud-based regtech solutions vendor, and Investment Metrics, a provider of investment data, performance, analytics,… Read More >>
Why StatPro Agreed to the Confluence Takeover
StatPro’s board of directors announced late last week that it had agreed to a takeover offer from Confluence via Bidco in an all-cash agreement of approximately £161.1 million ($201.3 million). The deal will take the company private — apparently in an effort to give customers fuller product platforms via a combined company. To recap, StatPro… Read More >>
