fundtruffle

Asset management outsourcer makes major appointments

News Team, 20/04/2022

Fundtruffle favourite Confluence, a solutions provider helping the investment management industry from the front to the back end, has appointed Chris Riggio as chief revenue officer (CRO) and Phillipa McLune as chief client officer (CCO).

Mr Riggio is responsible for all sales and marketing strategies across all of Confluence’s products and services, and Ms McLune is responsible for client success across all professional services and managed services offerings. Both report to Confluence’s president and COO Todd Moyer. Chris Riggio is based in San Diego and Phillipa McLune is based in London.

These hires follow Confluence’s acquisitions of Investment Metrics and Compliance Solutions Strategies (CSS) in late 2021 and is said by the firm to strengthen its position as a global leader in data-driven investment solutions. Mr Riggio and Ms McLune will try to ensure that Confluence provides clients with best-of-breed solutions that meet the analytics, reporting, data, and investment insights needs of asset managers, asset owners, asset allocators and service providers.

Chris Riggio joins Confluence from ISS Market Intelligence, where he was global head of sales and client engagement. He has over 20 years’ experience and a track record of setting strategic direction and managing integrations for large financial services firms. He will be accelerating the company’s growth given client and industry demand for better data transparency and insights. Prior to ISS, he was chief revenue officer for BrightScope.

Phillipa McLune joined Confluence with the acquisition of Investment Metrics where she was Global Head of Customer Success. She brings over 25 years of experience delivering software-as-a-service (SaaS) and enterprise technology solutions to the world’s leading financial institutions. Her career has focused on building high-trust and high-value relationships, using innovative approaches to accelerate business retention and growth.

Confluence president, Todd Moyer, said: “We’re pleased to welcome Chris and Philippa to Confluence, and I’m certain they will be instrumental in maintaining relationships with our clients and maximizing the opportunities from the integration of our recent acquisitions. Chris has built a career leading global sales and marketing teams while integrating diverse business lines and departments across large enterprises like ours. Over the course of her career, Philippa has demonstrated the ability to deepen relationships with existing clients and reach into new markets as well, aligned with Confluence’s commitments as we continue to grow.”

About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

Dedicated to serve both investors and fund companies, fundeye.com aims at becoming the preferred publication platform for market professionals.

Read more