Confluence Technologies, a global technology company in enterprise data, software and AI-driven solutions for regulatory, analytics and investor communications in the investment management industry, appointed Spiros Giannaros as CEO, effective immediately. Founder and CEO Mark Evans will transition to executive chairman and continue working closely with the leadership team on corporate strategy and growth initiatives.
Giannaros brings more than 25 years of leadership experience across the software and FinTech space. Prior to joining Confluence, he served as executive vice president at State Street Corporation, most recently as CEO of its Charles River Development company and head of the State Street Alpha Platform. Prior to joining State Street, Giannaros was a partner at IHS Markit serving as global head of Enterprise Data Management (EDM) and thinkFolio and spent 15 years in leadership positions at Charles River Development spanning sales, account management and product marketing.
“We are thrilled to welcome Spiros as CEO and congratulate Mark on his transition to executive chairman,” James Pade, partner and managing director, and Sean Courtney, principal at Clearlake, said. “Spiros has a track record of driving growth, product innovation, and client success at scale. We believe his deep FinTech expertise will accelerate Confluence’s momentum in AI-driven solutions to meet the growing reporting demands for the investment management industry.”
“For the past 30 years, Mark and his team have built Confluence into a leading global technology solutions provider to the investment management industry, and I am incredibly excited to join a firm with such a great brand of service quality and customer centricity,” Giannaros said. “This is an especially exciting time to join Confluence, as the rapid growth of AI, alternative asset management, and private funds is creating new demands for data, analytics and regulatory solutions across the industry. I look forward to working alongside the Confluence team and Clearlake to build on this strong foundation to deliver innovative technology solutions to our clients and execute our strategic growth plan to build a differentiated platform.”
“I’m delighted to welcome Spiros,” Evans said. “He embodies Confluence’s commitment to focus on clients, staff, and market success. His experience and character align with our company pledge: ‘expect it.’”
