Feb. 5, 2013 14:00 UTC

Confluence Appoints Executives to Chief Operating Officer and Chief Financial Officer Roles

PITTSBURGH & LUXEMBOURG--(BUSINESS WIRE)-- Confluence, a leading provider of automated data management solutions for the investment management industry, announced today that two of the company’s key executives - James “Skip” Smith and Frederick Winston - have been named to the roles of Chief Operating Officer (COO) and Chief Financial Officer (CFO), respectively.

With over 20 years of experience, Skip Smith joined Confluence in December of 2010 as a Vice President of Product Development, where he led product management, design and development, and project management for organizations globally. In the fall of last year, he was promoted to Executive Vice President and has since taken on a major role in identifying, evaluating and on-boarding new acquisitions.  

“During his time at Confluence, Skip has been instrumental in helping position Confluence for global expansion,” said Mark Evans, Chairman, CEO and President.  “His innovative approach to creating complete and trusted product solutions has helped us pinpoint new global opportunities, and his disciplined commitment to meeting product release deadlines has substantially impacted customer loyalty.”

Since joining Confluence’s San Francisco office in October of 2011 as a Vice President of Business Development, Frederick Winston has had a major role in establishing Confluence’s capability to identify and evaluate strategic acquisition opportunities.

“I am pleased to appoint Frederick as permanent Chief Financial Officer to lead our corporate finance operations at Confluence,” said Evans. “He brings a keen sense of strategic finance to the leadership team and will be instrumental in driving revenue and profitability growth for Confluence as we expand our global footprint.”

Prior to joining Confluence, Smith was a Senior Vice President and Division Chief Operating Officer with Fiserv, and also served as an operations executive at both JPMorgan Chase and PricewaterhouseCoopers. Winston previously worked at US Bancorp Piper Jaffray Ventures and also held senior-level roles at Broncus Technologies, Inc.

About Confluence

Founded in 1991, Confluence is a global leader in fund administration automation. Confluence helps investment management companies gain unprecedented control by automating every step of the fund administration process—including the 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 solutions are used by 40 percent of the leading global investment managers, and more than 60 percent of U.S. mutual funds. The Unity® platform from Confluence addresses 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, separate accounts, and variable products, as well as hedge funds and other alternative investments. Headquartered in Pittsburgh, PA, Confluence serves the international fund industry with key locations in San Francisco, CA, London and Luxembourg. For more information, visit www.confluence.com.


Bliss Integrated Communication
Mireille Rosselli, +1 646-386-2925

Source: Confluence