Arcesium, a global fintech serving sophisticated financial institutions including hedge funds and private equity firms, has partnered with Confluence, a global investment tech solutions provider, to deliver an integrated data management and analytics solution for middle/back-office operations for asset managers.

Arcesium, a global fintech serving sophisticated financial institutions including hedge funds and private equity firms, has partnered with Confluence, a global investment tech solutions provider, to deliver an integrated data management and analytics solution for middle/back-office operations for asset managers.

The new offering, which will integrate Confluence’s StatPro Analytics solution, comprising performance, attribution, risk, GIPS, and other investment analytics, with Arcesium’s Financial Data Stack modules and cloud-native data management platform, AquataTM, will bring "workflow efficiency in performance, risk and regulatory reporting", according to the companies.

The new offering is available as a technology solution or a fully managed service, allowing asset managers to consolidate vendors and lower the total cost of ownership.