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Confluence overview

Industry
Software
Revenue
Headquarters
Employees
50
Founded in
Website
Organization type
Private
Social media
Founded in 1991, Confluence is a global leader in fund administration automation. Confluence helps investment management companies gain unprecedented control by automating every step of the fund administration process including the collection, creation, confirmation, and delivery of investment product data. Results are lower costs, reduced risk, decreased reporting turnaround times, and the scalability to automate more processes without additional resources. Confluence solutions are used by 40 percent of the leading global investment managers, and more than 60 percent of U.S. mutual funds. The Unity platform from Confluence addresses a wide range of problems from performance measurement to customized reporting for a full array of domestic and international managed investment products, including mutual funds, funds of funds, collective funds, separate accounts, and variable products, as well as hedge funds and other alternative investments. Major fund companies such as the Principal Financial Group, T. Rowe Price, and Russell Investments; and service providers such as U.S. Bancorp Fund Services rely on Confluence
The staff at Confluence come from unusually diverse demographic backgrounds. The company is 32.7% female and 36.5% ethnic minorities. Despite its diversity in other areas, Confluence employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 69.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Confluence has great employee retention with staff members usually staying with the company for 3.4 years.The average employee at Confluence makes $75,745 per year, which is competitive for its industry and location. Some of its highest paying competitors, SS&C Technologies, Charles River Development, and MiTek, pay $80,511, $79,112, and $76,668, respectively.
Based in Pittsburgh, PA, Confluence is a small technology company with only 50 employees and an annual revenue of $1.3M.

Confluence's mission statement

To revolutionize the asset management industry through technology innovation and data management automation.

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The team at Confluence

  • The founders of Confluence are Mark Evans and Mike Schiller.
  • The key people at Confluence are Mark Evans and Mike Schiller.
Key people
Mark Evans
Mike Schiller

Confluence salaries

Average Confluence salary
$75,745
yearly
$36.42 hourly
Updated March 14, 2024

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Confluence diversity

9.7
Diversity score
We calculated Confluence’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Confluence’s workforce.
Confluence diversity summary. Zippia estimates Confluence's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Confluence's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Confluence's workforce.
  • Confluence has 50 employees.
  • 33% of Confluence employees are women, while 67% are men.
  • The most common ethnicity at Confluence is White (63%).
  • 13% of Confluence employees are Black or African American.
  • 11% of Confluence employees are Hispanic or Latino.
  • The average employee at Confluence makes $75,745 per year.
  • Confluence employees are most likely to be members of the democratic party.
  • Employees at Confluence stay with the company for 3.4 years on average.

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Confluence financial performance

6.0
Performance score

Highest paying Confluence competitors

Compare Confluence salaries to competitors, including SS&C; Technologies, Charles River Development, and MiTek. Employees at SS&C; Technologies earn the highest average yearly salary of $80,511. The salaries at Charles River Development average $79,112 per year, and the salaries at MiTek come in at $76,668 per year.
RankCompanyAverage salaryJobs
1$80,5110
2$79,1120
3$76,6680
4$76,1900
5$70,5720
6$65,3630
7$57,3180
8$51,1490
9$50,5570
10$50,4110

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Zippia gives an in-depth look into the details of Confluence, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Confluence. The employee data is based on information from people who have self-reported their past or current employments at Confluence. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Confluence. The data presented on this page does not represent the view of Confluence and its employees or that of Zippia.

Confluence may also be known as or be related to CONFLUENCES INC, Confluence, Confluence Technologies, Confluence Technologies Inc. and Confluence, Inc.