Yealand Fund Services selects Confluence for Valuations Pricing Service
25 Julio 2024 - 3:00AM
Business Wire
Delivering greater transparency and efficiency
in the pricing of multiple asset classes to its clients
Confluence Technologies, Inc. (“Confluence”), a global
technology solutions provider for regulatory, analytics, and
investor communications for the investment management industry,
today announced that Yealand Fund Services, an independent host
Authorized Corporate Director (ACD) and Fund Administrator based in
the UK, has selected Confluence Valuations Pricing Service to
deliver greater transparency and efficiency in the pricing of
multi-asset class financial instruments to its clients.
Yealand’s adoption of Confluence Valuations Pricing Service
further demonstrates our ability to service global clients,
enabling them to offer pricing snapshots to businesses with
European operations in local time zones.
With Confluence Valuations Pricing Service, Yealand will replace
a previous provider to enhance the accuracy of data feeding its
operational, portfolio management, and risk management processes
while complying with the increasing regulatory and investor demands
for independent and reliable asset pricing used in Net Asset Value
(NAV) construction.
“We’re thrilled to be working with Yealand, an organization with
a stellar track record in the industry,” said Clinton Moseley,
Managing Director, Global Data Services at Confluence. “Offering
new timings to our international client base marks an important
milestone for our business after our evaluated bond pricing
coverage expanded to over 800K bonds globally. We look forward to
working with Yealand and supporting their growth and success in the
investment management industry.”
“We are very pleased to further strengthen our asset pricing
service. With Confluence, a reputable pricing provider, we can
continue to deliver superior value and performance to our clients
by providing them with accurate, timely, and transparent NAVs for
their funds that comprise a diverse range of asset classes across
multiple markets,” said Rob Leedham, CEO of Yealand Fund Services.
“We believe this service will be well suited as we grow, meeting
the evolving needs and expectations of our clients, regulators, and
investors."
Confluence Valuations Pricing Service provides independent
end-of-day and intra-day valuations across multiple asset classes.
Our global clients can now implement new pricing snapshots relevant
to the UK market, covering global equities and bond valuations.
About Confluence:
Confluence is a global leader in enterprise data and software
solutions for regulatory, analytics, and investor communications.
Our best-of-breed solutions make it easy and fast to create, share,
and operationalize mission-critical reporting and actionable
insights essential to the investment management industry. Trusted
for over 30 years by the largest asset service providers, asset
managers, asset owners, and investment consultants worldwide, our
global team of regulatory and analytics experts delivers
forward-looking innovations and market-leading solutions, adding
efficiency, speed, and accuracy to everything we do. Headquartered
in Pittsburgh, PA, with ~700+ employees across North America, the
United Kingdom, Europe, South Africa, and Australia, Confluence
services over 1,000 clients in more than 40 countries. For more
information, visit confluence.com.
About Yealand:
Yealand Fund Services Limited, established in 2008, is an
independent host ACD and in-house administrator we pride ourselves
on our service standard and partnership approach with sponsors and
clients. We are passionate about what we do, and ‘not just doing
well, but doing better’ is our ethos.
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Katie Moxom confluence@cognitomedia.com