US-headquartered Confluence, a provider of automated data management solutions for the investment management industry, has appointed financial services technology executive Hugh Byrne as managing director of sales to its European team.

US-headquartered Confluence, a provider of automated data management solutions for the investment management industry, has appointed financial services technology executive Hugh Byrne as managing director of sales to its European team.

Based in London, Byrne will be responsible for setting Confluence's strategic sales direction in Europe and driving growth throughout the region, the firm said in a statement.

Byrne has more than 25 years of financial services technology experience and most recently served as senior vice president of the asset management division at Sungard Data Systems. He has also held  positions at Thomson Financial, Cognotec Systems and Allied Irish Bank.

“Hugh brings a wealth of valuable experience positioning high-value complex solutions to deliver business value to the asset management industry. His extensive knowledge of investment management operations will be invaluable to our clients as they look to solve increasingly complex global data management and regulatory challenges," said Todd Moyer, senior vice president of global sales.

Headquartered in Pittsburgh, Pennsylvania, Confluence automates critical fund administration and reporting processes, and supports a wide array of collective fund investment types, including European domiciled UCITS, alternative investments, traditional US-based mutual funds, and contemporary fund structures such as exchange-traded funds.