Continued Growth Spurs Confluence’s Move to Pittsburgh’s Newest Innovation Center

Pittsburgh, PA - 26 June 2017

Confluence, the global leader in investment data management automation, today opened its new headquarters at Nova Place, a 30-acre mixed-use, urban redevelopment project located on Pittsburgh’s historic Northside. The new 40,000 square-foot office space includes two sprawling floors connected by a central staircase, with open floorplans that promote collaboration across the company. The space is surrounded by floor-to-ceiling windows showcasing panoramic views of Pittsburgh’s historic Northside and downtown.

Confluence becomes one of the largest anchor tenants at Nova Place. The company chose to relocate its headquarters to position itself for continued growth in a location that best fit its corporate culture. The innovative workspace design integrated with a range of professional and personal amenities provides Confluence employees with an ideal environment to innovate and collaborate with colleagues while promoting a healthy work-life balance.

“Nova Place represents the type of innovation and growth that has begun to define Pittsburgh, and we are excited to be a part of this new project,” said Mark Evans, CEO of Confluence. “Our company was founded in Pittsburgh and has flourished in this community for more than 25 years, and we are thrilled to move to the next chapter in our history surrounded by other innovative firms also committed to the redevelopment and growth of the city’s Northside. Not only will Nova Place offer a vibrant new work space for our employees in the heart of Pittsburgh, but it also positions our firm for continued growth and expansion locally.”

Nova Place, located within the revamped Allegheny Center Mall in Pittsburgh’s Northside, was designed to nurture the city’s thriving technology and financial industries. Confluence joins Innovation Works, Matrix Solutions, PNC, Bank of America and Expedient as early tenants in the new 1.5 million-square-foot space, which also features Alloy 26, a collaborative, shared workspace for companies to thrive together within Nova Place.

The new office space offers fast and easy access to the lively downtown Pittsburgh scene, while close proximity to all major throughways grants tenants easy access to destinations city-wide. Additionally, employees don’t have to go far for their next meal or workout—along with a state-of-the-art fitness center, Nova Place has several dining options including Eco Bistro, La Prima Espresso, City Fresh Pasta, and will feature an up-and-coming food hall on site starting this fall.

Confluence has been headquartered in Pittsburgh for 26 years and is a leading financial technology provider for the asset management industry, offering data-driven technology solutions that solve the industry’s toughest data management, automation and regulatory challenges. From 2013 to 2017, the company saw a 73 percent increase in number of professionals globally. Since the company’s inception, the global asset management industry has come to rely on the firm’s scalable, data-driven software and services, which provide managed investment companies with unprecedented operational efficiency and control.

As a global leader in data-driven solutions for efficiency and control, Confluence solves tough data management and automation challenges for the asset management industry, including performance reporting, regulatory reporting, investor communications and fund expense management. Confluence solutions enable asset managers and third-party administrators to consolidate and leverage data across business operations which results in lower costs, reduced risk, decreased reporting turnaround times and the scalability to automate more processes without additional resources. The platform features solutions to support a wide array of fund types – including mutual funds, ETFs, alternative investments, institutional portfolios and UCITS funds. Eight of the top 10 global service providers license Confluence products and eight of the top 10 global asset managers have business processes automated through Confluence.

Headquartered in Pittsburgh, PA, Confluence serves the international fund industry with locations in Brussels, Dublin, Ho Chi Minh City, London, Luxembourg and San Francisco. 

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