Confluence has acquired Belgium-based Orfival to enhance its investment data management solutions and expand its offerings in the global asset management industry.

Information on the Target

Confluence, a prominent leader in investment data management automation, has strategically acquired Belgium-based Orfival. Established in 1999, Orfival has built a strong reputation as a key provider of performance attribution, risk analysis, and analytics solutions. The acquisition will enhance Confluence's capabilities by integrating Orfival’s product expertise and extensive networks, thereby enabling Confluence to offer a more comprehensive suite of data management and reporting solutions tailored specifically for the global asset management industry.

Orfival has cultivated an impressive network within European asset managers, insurance firms, and pension schemes, establishing itself as a crucial partner in portfolio management, analytics, performance measurement, and risk and investment compliance. This acquisition positions Confluence to not only broaden its service offerings but also improve customer access to critical performance attribution capabilities, reinforcing its standing as a market leader.

Industry Overview in Belgium

Belgium's financial services sector, particularly in asset management, has seen significant growth driven by increasing demands for transparency and regulatory compliance. The Belgian asset management market is characterized by a diverse range of pa