Convergence Inc is a data and analytics company founded in 2013, specializing in optimizing performance for advisors, service providers, allocators, and government agencies. The company's unparalleled platform utilizes public and proprietary data, analytical products, and insights to delve deep into the operations and infrastructure of asset managers.
Convergence's core focus areas include clarifying advisor operating risk to investors and service providers, providing insights for service providers to understand the marketplace and infrastructure of their clients, prospects, and competitors, and augmenting the allocator ODD process to highlight advisor non-investment risk and recommended action to mitigate. Additionally, the company closely collaborates with investors and PE firms to monitor advisors and service providers that are investments or targets, and also offers predictive analytics on regulatory event risk and vendor fit among others.
The company's last investment round saw a total of $2.40M in funding on 15 July 2016, showcasing the faith investors placed in Convergence's potential for growth and impact in the analytics and finance industries. With a strong foothold as the market leader in various segments such as advisors, service providers, institutional investors (pension and E&F), private equity investors, and government agencies, Convergence Inc has solidified its position in the industry.