Baird Selects Confluence’s PARis Solution for Enhanced Portfolio Analytics and Reporting Capabilities

The solution will equip institutional consultants with in-depth analysis and peer benchmarking enabling key insights for better investment decision-making

Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider for regulatory, analytics, and investor communications solutions for the investment management industry today announced that PARis, its industry-renowned portfolio analytics solution, was selected by the Institutional Consulting Services Group of Baird, the employee-owned, international wealth management, asset management, investment banking/capital markets and private equity firm. PARis will enable Baird to better service its institutional clients with data aggregation efficiencies, robust analytics, and flexible reporting capabilities to support different institutional client types on a single platform.

With PARis, data collection is automated from custodians, record keepers, and relevant market reference data providers. Baird can perform returns- and holdings-based analyses, performance and holdings-based attribution analyses, peer comparison, and benchmarking at the total portfolio, asset class, and manager levels across all investment types. Baird can improve its tailored reporting to meet its clients’ unique investment policy and liquidity requirements. With over 200 report templates with built-in analytics, the plan results can be easily communicated with standard and customizable reports on a historical or rolling-period basis.

“Confluence’s PARis is a pivotal solution that will allow us to better service new and existing institutional clients,” says Michael Swope, Director, Institutional Consulting Services Group at Baird. “With enhanced performance and holdings-based capabilities, we’ll be able to exceed our sophisticated clients’ increasing needs. The efficient access to data, analytics, peer benchmarking, and flexible reporting will allow us to scale effectively and retain our clients.”

“We’re thrilled that Baird has selected our industry-leading PARis solution, giving it the most robust and comprehensive portfolio analytics capabilities to service its institutional clients,” said Damian Handzy, Managing Director, Confluence Analytics. “With automated data aggregation, advanced analytics, and flexible reporting that support all different plan types on a single integrated platform, clients like Baird will obtain a new level of efficiency and investment insights, enabling them to deliver greater fiduciary value to their own clients.”

The PARis solution also services other users like asset owners. Last year, Confluence introduced a new liability reporting function to its PARis solution that enables a more comprehensive and balanced view of pension plans while significantly improving institutional plan analysis and reducing manual work and errors.

For more information about Confluence, please visit confluence.com.

About Baird

Baird is an employee-owned, international wealth management, asset management, investment banking/capital markets and private equity firm with offices in the United States, Europe and Asia. Established in 1919, Baird has approximately 5,100 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has more than $430 billion in client assets as of December 31, 2023. Committed to being a great workplace, Baird ranked No. 34 on the 2024 Fortune 100 Best Companies to Work For^® list – its 21^st consecutive year on the list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated and Baird Trust Company in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations. For more information, please visit Baird’s website at www.rwbaird.com.

About Confluence

Confluence is a global leader in enterprise data and software solutions for regulatory, analytics, and investor communications. Our best-of-breed solutions make it easy and fast to create, share, and operationalize mission-critical reporting and actionable insights essential to the investment management industry. Trusted for over 30 years by the largest asset service providers, asset managers, asset owners, and investment consultants worldwide, our global team of regulatory and analytics experts delivers forward-looking innovations and market-leading solutions, adding efficiency, speed, and accuracy to everything we do. Headquartered in Pittsburgh, PA, with ~700+ employees across North America, the United Kingdom, Europe, South Africa, and Australia, Confluence services over 1,000 clients in more than 40 countries. For more information, visit www.confluence.com.

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