Confluence Technologies has joined forces with FundGuard, an AI-based multi-asset class investment accounting platform, to help asset managers, asset owners and fund administrators to streamline their fund reporting activities.
Under the tie-up, Confluence’s fund administration platform Unity along with its asset management performance and risk offering Revolution will be integrated with FundGuard’s investment accounting platform.
The integration solution will allow users to increase their operational efficiency.
The Unity and Performance and Risk platforms of Confluence have been designed to automate and blend critical fund administration procedures, such as the collection, creation, confirmation and delivery of investment product details.
FundGuard’s digital multi-book investment accounting platform is capable of providing asset managers and their service providers with real-time data that is integrated across different workflows.
Using the firms’ offerings, customers can manage additional funds with reduced resources and get rid of errors.