Fintech giant Confluence Technologies (Confluence)and JP Morgan have announced a new development in their partnership to deliver a multi-asset portfolio analytics solution.

At the start of Q3 2021, Delta, Confluence’s risk and performance solution will have expanded coverage powered by JP Morgan’s proprietary analytics to include US securitised products. This will also be available through JP Morgan’s platform.

Delta first became available to JP Morgan clients in June 2019 during the first phase of the collaboration between JP Morgan and StatPro, prior to Confluence’s acquisition of StatPro in October 2019.

For Confluence, the expanding partnership is illustrative of the company’s continued growth following its acquisition and integration of StatPro last year and reaffirms Delta’s position as a key contributor to JP Morgan’s data and analytics platform.

Richard Crozier, head of product for data and analytics at JP Morgan’s securities services, said: “The integration of JP Morgan’s fixed income data and expertise with the Delta product represents the next stage in our ongoing collaboration with Confluence, and a huge step forward in increasiJPng value to our clients globally. This new phase of our partnership will ensure that we continue to offer robust and comprehensive portfolio analytics tools, a critical part of delivering a full range of integrated solutions to our clients.”

“We’re looking forward to our continued partnership with an impactful global leader like JP Morgan,” added Dario Cintioli, managing director - Delta division at Confluence. “The combination of their US asset data and analytics capabilities with our award-winning cloud-based Delta platform fills a gap in the market for a best-in-breed fixed income solution while completing its multi-asset coverage range.”