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Canoe Intelligence and Confluence Technologies have announced a partnership to integrate Canoe Connect and Canoe Intelligence with Confluence's Portfolio Analytics and Reporting Information System (PARis). This collaboration aims to create an AI-powered data automation workflow for asset allocators and owners managing alternative portfolios.

The integration combines Canoe's document collection and data extraction capabilities with PARis' analytics and reporting functions, automating the aggregation of alternative investment data. This will enhance plan analysis and improve reporting quality. The partnership includes a fully automated data integration, providing a seamless experience for shared clients, with Confluence also launching a version directly available through the PARis interface.