Asset Management Tech Firm Appoints Software Veteran

Confluence, a software provider for the asset management industry, has appointed industry veteran Irfan Salim to its board of directors, as the firm seeks to grow during this time of regulatory change.
By Editorial
Confluence, a software provider for the asset management industry, has appointed industry veteran Irfan Salim to its board of directors, as the firm seeks to grow during this time of regulatory change.

Salim previously served as president and CEO of MarkMonitor, a brand protection business owned by Thomson Reuters. He also held numerous executive roles at other international software firms.

With the passing of the Alternative Investment Fund Managers Directive (AIFMD) in Europe last year, asset managers are increasingly turning to software providers in order to comply with reporting requirements and to benchmark their performance with other managers.

With the appointment of Salim to its board, Confluence is hoping to boost its position in the current environment and to meet client’s regulatory obligations.

“We look forward to leveraging his expert counsel as Confluence continues to scale our global operations to become the leader in SaaS-enabled data aggregation and dissemination solutions for the global asset management industry,” explains Mike Evans, CEO of Confluence.

Salim currently serves on the board of three other tech vendors.

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