Confluence, a U.S.-based fintech provider helping the investment management industry solve complex investment data challenges, has secured a multi-year agreement with FundHero S.A., a Luxembourg-based fund service company, that will combine Confluence’s cloud-based Revolution platform with its own technology to provide clients with an exclusive managed software offering.
FundHero uses technology and expertise to support fund companies as they optimally position themselves for compliance in an increasingly complex regulatory environment. The company has selected Confluence’s Revolution platform to provide a solution compliant with the UCITS and AIF frameworks. With a focus on risk and regulatory oversight, this enhancement will enable FundHero to provide a full suite of services to a variety of companies in Luxembourg and Germany, including a large global custodian bank.