Confluence Opens up a Center of Excellence in Bangalore in Partnership with Aeries
February 06 2024 - 3:05PM
Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT),
a global professional services and consulting partner, is proud to
announce the inauguration of a new Center of Excellence (CoE) for
its client, Confluence, at Bangalore, India. This significant
collaboration will leverage global world-class talents, bringing
leading-edge innovations and digital transformation for the
investment management industry.
Confluence is a global leader in data-driven investment
management solutions, delivering products and services designed to
optimize efficiency and navigate regulatory compliance. As a
leading global provider of regulatory and investor communication
solutions, Confluence serves asset servicers, asset managers, asset
owners and investment consultants.
The establishment of this CoE in India signifies a strategic
move to leverage world-class talent, enhancing Confluence’s
capabilities in critical areas of digital transformation, and
process optimization. Through this CoE, Aeries will support
Confluence’s strategic growth, utilizing Aeries’ differentiated
Purpose-Built model, which is specifically tailored for businesses
seeking higher operational effectiveness, greater flexibility and
consistent cost efficiencies.
Todd Moyer, President and Chief Operating Officer of Confluence,
said “The establishment of the CoE in Bangalore is a strategic step
in our journey of global expansion and service excellence. Aeries’
expertise in digital transformation and process optimization will
better enable us to serve the investment management industry. This
partnership is not just about scaling operations; it’s about
enriching our capabilities and setting new standards in client
services and operational efficiency.”
“Confluence is one of the leading global players in the asset
management ecosystem, and we look forward to collaborating with its
team to drive value for its clients worldwide,” says Ajay Khare,
Chief Operating Officer - Americas and CRO, Aeries. “Aeries prides
itself in partnering with forward-looking, innovative companies,
and we are thrilled to help support Confluence’s growth globally.
This CoE will provide Confluence access to additional skilled
talent in the investment management industry, specifically
consultants, support analysts, data analysts, and operations and
reporting professionals.”
About Aeries Technology
Aeries Technology (Nasdaq: AERT) is a global professional
services and consulting partner for businesses in transformation
mode and their stakeholders, including private equity sponsors and
their portfolio companies, with customized engagement models that
are designed to provide the right mix of deep vertical specialty,
functional expertise, and digital systems and solutions to scale,
optimize and transform a client’s business operations. Founded in
2012, Aeries Technology now has over 1,600 professionals
specializing in Technology Services and Solutions, Business Process
Management, and Digital Transformation initiatives, geared towards
providing tailored solutions to drive business success. Aeries
Technology’s unique approach to staffing and developing its
workforce has earned it the Great Place to Work Certification.
Contacts
For Aeries TechnologyMedia:corpcomm@aeriestechnology.com
Investors:aeriesIR@icrinc.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a9deb279-ed22-44ae-a7dc-777ffa24bfc4
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