Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider for regulatory, analytics, and investor communications solutions for the investment management industry, today announced that BNP Paribas’ Securities Services business, a leading asset servicer, has selected Confluence Unity Financial Reporting to support its Private Capital client segment. Securities Services at BNP Paribas will use Confluence’s solution to enhance the operational efficiency of its Private Capital services and automate financial reporting processes.

With Unity Financial Reporting, BNP Paribas’ Securities Services business will reduce manual workarounds, streamline reporting workflows, and provide a single-user experience for its teams worldwide. This aligns with the bank’s strategy to modernize financial reporting, ensuring a consistent and automated framework for its fast-growing private capital business.

“As a leading asset servicing partner, we are committed to using technology to enhance our reporting processes and deliver greater efficiency for our clients. Confluence’s Unity Financial Reporting is a best-of-breed solution that will enable us to further automate workflows, reduce complexity, and scale our reporting capabilities globally.” said Laurent Durdilly, Global Head of Private Capital, Securities Services, BNP Paribas.

Unity Financial Reporting is a scalable and adaptable global platform that caters to all fund segments, from the traditional Investment Company Act of 1940 and UCITS to alternatives. It reduces reliance on spreadsheets and manual workarounds, helping firms streamline compliance with evolving regulatory demands.

"As the demand for automation in financial reporting grows, we are excited to support BNP Paribas’ Securities Services business in optimizing operations. Unity Financial Reporting enables firms to enhance efficiency, reduce costs, and improve the end-client experience across multiple markets." said Todd Moyer, President and Chief Operating Officer at Confluence.

For more information about Unity Financial Reporting and Confluence’s suite of Compliance, Regulatory, and Reporting solutions, visit Confluence.