Confluence and J.P. Morgan announce new advancement in their strategic partnership

By Pavithra R

Confluence, a global technology solutions provider helping the investment management industry solve complex investment data challenges has announced a new development in its partnership with J.P. Morgan, a leader in financial services, to deliver a multi-asset portfolio analytics solution.

Confluence is planning to have Delta, its risk and performance solution expand coverage with J.P. Morgan’s proprietary analytics to include U.S. securitized products. This will also be available through J.P. Morgan’s platform.

“The integration of J.P. Morgan’s fixed income data and expertise with the Delta product represents the next stage in our ongoing collaboration with Confluence, and a huge step forward in increasing value to our clients globally. This new phase of our partnership will ensure that we continue to offer robust and comprehensive portfolio analytics tools, a critical part of delivering a full range of integrated solutions to our clients,” said Richard Crozier, Head of Product for Data and Analytics at J.P. Morgan’s Securities Services.

The enhancement completes the global coverage of Delta across all asset classes, further cementing Confluence’s position in the industry and enabling front-to-middle office decision-makers to manage risk and performance. Delta first became available to J.P. Morgan clients in June 2019 during the first phase of the collaboration between J.P. Morgan and StatPro, prior to Confluence’s acquisition of StatPro in October 2019.

“We’re looking forward to our continued partnership with an impactful global leader like J.P. Morgan. The combination of their U.S. asset data and analytics capabilities with our award-winning cloud-based Delta platform fills a gap in the market for a best-in-breed fixed income solution while completing its multi-asset coverage range,” said Dario Cintioli, Managing Director – Delta Division at Confluence.

For Confluence, the expanding partnership is illustrative of the company’s continued growth following its acquisition and integration of StatPro and reaffirms Delta’s position as a key contributor to J.P. Morgan’s data and analytics platform.