Confluence, a leading provider of automated data management solutions for the investment management industry, announced today that financial services veteran Frédéric Simon has joined the company as a Global Sales Account Executive. Simon will be responsible for expanding Confluence’s global market presence.
“Frédéric has extensive experience helping European financial services companies identify the data management and automated solutions needed to achieve their business objectives,” said Todd Moyer, Senior Vice President of Global Sales. “By leveraging his knowledge of the global marketplace and technology development, I know that Frédéric will be a great asset to fund administrators. He can help them to maximize their investments in technology – delivering solutions that drive efficiency, manage risk and increase revenue.”
Simon is the latest addition that Confluence has made this year to the global sales team. Moyer, his supervisor, was brought in this past July to lead the company’s global sales strategy and execution, while seeking out expansion opportunities for the company. And prior to Moyer, the company hired Melvin Jayawardana, a Luxembourg-based financial industry veteran with in-depth knowledge of the European markets.
“I am very pleased to be joining the Confluence International team, as we are well-positioned to grow our footprint across the EMEA fund industry markets,” said Simon, who is based in Confluence’s Luxembourg office. “I look forward to working closely with our product managers to further develop our business growth by continuing to help fund administrators in Europe achieve the same success with the Unity® platform that our U.S. clients have enjoyed for years.”
Simon previously served as a sales executive at CETREL Securities, where he was in charge of business development for a suite of market data integration products for fund compliance and business process outsourcing. Prior to joining CETREL, Simon worked in sales at SmartStream Technologies and FRS Global.
In addition to his professional experience, Simon holds a Masters in Psychology from the Université de Liège.
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. Headquartered in Pittsburgh, PA, Confluence serves the international fund industry with key locations in San Francisco, CA, London and Luxembourg. For more information, visit www.confluence.com.