JP Morgan Expands Partnership with Confluence

Confluence Technologies, Inc., a leading global technology solutions provider to the investment management industry, recently announced that it has expanded partnership with JP Morgan to deliver a multi-asset portfolio analytics solution.

According to the official press release, by the beginning of the third financial quarter of 2021, Confluence’s performance and risk solution, Delta, will have expanded its coverage to include U.S. securitized products. The solution will be enpowered by J.P Morgan’s proprietary analytics, and will also be available via the company’s platform.

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

In addition, the expansion of partnership is part of J.P. Morgan’s commitment and strategy to deliver the needs of buy-side clients by providing clients access to a choice of solutions across the investment lifecycle, including front-to-middle office capabilities in data, analytics, and risk.

As Fazzaco reported earlier, JP Morgan, DBS and Temasek has planned to develop a cross-border payments platform​ based on blockchain technology through a newly established company — Partior. The partners highlight that the drive behind this move is to reimagine and accelerate value movements for payments, trade and foreign exchange settlement through the use of blockchain solutions.