Confluence has been named by the Pittsburgh Business Times as one of the fastest growing private companies in the region. The list ranks companies based on revenue growth between 2004 and 2006.

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Confluence, the global investment management industry's leading provider of automated data management solutions, has been named one of Pittsburgh's fastest growing companies by the Pittsburgh Business Times. The annual award honors the 100 fastest-growing, privately held companies in the region. Participants are ranked by revenue growth between 2004 and 2006.

"The companies that make up the 2007 Pittsburgh 100 are the real strength of our regional economy," said Alan Robertson, Publisher, Pittsburgh Business Times. "They are the ones creating jobs and helping to build a new, vibrant business climate in the Pittsburgh area."

"We are honored to be recognized as a growing force in the area," said Mark Evans, President and Chief Executive Officer of Confluence. "Pittsburgh is a great place to do business, and our nomination to the Pittsburgh 100 helps validate our commitment to helping increase the city's presence as a desirable location for businesses to prosper."

About Confluence

Founded in 1991, Confluence is the global investment management industry's leading provider of automated data management solutions. Confluence helps investment management companies automate every step of the fund administration process—including collection, creation, confirmation, and delivery of investment product data. Results are lower costs, reduced risk, decreased reporting turnaround times, and the scalability to automate more processes without additional resources. Confluence's solutions are used by 40 percent of the leading global investment managers, more than 60 percent of U.S. mutual funds, and the leading service providers. Confluence's solutions address a wide range of problems from performance measurement to customized reporting for a full array of domestic and international managed investment products, including mutual funds, funds of funds, collective funds, trusts, separate accounts, and variable products, as well as hedge funds and other alternative investments. Major fund companies such as Evergreen, Franklin Templeton, Merrill Lynch, and JP Morgan, and service providers like PFPC and The Bank of New York all rely on Confluence. Confluence also serves the international fund industry with key locations in London and Luxembourg. For more information, visit www.confluence.com. 

Edited by: Erin Kello


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