Confluence has launched a new performance and analytics product, Unity, providing a performance calculation and risk analysis platform for retail funds and institutional products.
Unity is designed to help global asset management firms to meet the reporting requirements of modern investors, helping them to provide an information-driven client model that addresses individual clients’ needs.
It automates the calculation of funds, portfolio and composite returns, and provides attribution, contribution and risk analysis.
Asset managers can custom-build their own internal processes to reflect their clients’ operating models, improving accuracy and control of performance reporting across organisations. Unity also allows for tailored validation checks relevant to specific operations.
Other functionalities include calculation for fund returns, portfolio performance measurement, performance attribution and risk analysis.
Todd Moyer, executive vice president for global business development at Confluence, said: “In an era of abundant investment data, the temptation can be to churn out vast amounts of detail, without considering what is most important to the recipient."
"Clients want meaningful reports, enriched with context, interpretation and clarity. The Unity Performance and Analytics platform enables this type of reporting by transforming data into timely, incisive and actionable information.”
