Spiros Giannaros, who has spent the past six years at the helm of State Street-owned Charles River Development, has been named as the new chief executive of Confluence Technologies.
Giannaros had served as executive vice president at State Street, most recently as the lead for Charles River, alongside his role as 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.
Before IHS Markit he spent 15 years in leadership positions during his first spell at Charles River Development spanning sales, account management, and product marketing.
Confluence is a provider of data and software solutions for regulatory, analytics, and investor communications, born over 30 years ago to support the asset management industry through technology, innovation, and data management automation.
The exit is a big loss to State Street which has Charles River Development at the forefront of its Alpha strategy, comprising a full range of front-to-back-office services.
“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.” said Giannaros.
“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.”