In the news: Confluence’s Compliance Solutions Function Honored on CyberTech 100 List

In the news: Confluence’s Compliance Solutions Function Honored on CyberTech 100 List

Pittsburgh, PA, July 19, 2023 – Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider helping the investment management industry solve complex investment data challenges is proud to announce its inclusion in this year’s CyberTech 100 annual list which recognizes the world’s most innovative CyberTech companies.

Compliance Solutions Strategies (CSS), Confluence’s RegTech arm, was named a leading solutions provider to financial institutions across several compliance disciplines. Confluence’s comprehensive suite of solutions includes the implementation and maintenance of cybersecurity policies and procedures, security awareness training led by CSS experts, security penetration testing, dark web monitoring and cybersecurity gap analysis. CSS clients can employ a cybersecurity solution tailored to their needs and improve several compliance functions including fund reporting, transaction reporting, investment monitoring, and compliance management. Inclusion on this list is a testament to the company’s innovative use of technology to solve significant industry problems and generate efficient, cost-saving improvements across the value chain.

Mark Evans, CEO of Confluence, said:

“We are thrilled to be included in the prestigious CyberTech 100 list, this recognition reinforces our commitment to innovation and excellence in providing best-in-class compliance solutions to our clients. As the regulatory landscape becomes increasingly complex and cybersecurity threats continue to evolve, CSS remains at the forefront, empowering organizations to meet their compliance obligations confidently.”

The CyberTech sector is projected to experience significant growth in a rapidly evolving market due to digital challenges. Between 2023 and 2030, the industry is predicted to grow by 13.8%, from $172.3bn to $424.9bn.