Media Release: StatPro appoints RiskMetrics man as sales director

STATPRO Group plc, a global provider of portfolio analysis and asset valuation services for investment professionals, has appointed Ruggero Frisina as European sales director.

Commenting on the appointment, CEO of StatPro Group plc Justin Wheatley said: “With the launch of StatPro Seven this year and that of Revolution in 2011, we wanted to bolster our European sales force.

“StatPro is considerably expanding its client base to cover asset management entities of all sizes, with StatPro Seven focussing on performance specialists in the middle office and Revolution on front office professionals.

“StatPro Revolution will be accessible for a wide audience as it is priced from $100 per portfolio per month, providing outstanding monetary value for small, medium and large asset managers alike.

“Frisina has been appointed to head the sales initiative and will manage our business development team across Europe. We are delighted to have him on board.”

Prior to joining StatPro, Frisina worked for four-and-a half-years at RiskMetrics. He also spent a year-and-a-half at Citigroup Asset Management and was at BNP Paribas for three years.

Said Frisina: “I am joining StatPro at a particularly exciting time as it is simultaneously expanding its product offering and client base. StatPro has a long track record of offering state-of-the-art portfolio analysis products and risk management software solutions to the asset management industry. I am looking forward to promoting StatPro Seven and Revolution and expanding StatPro’s client base in Europe.”

For further information please contact:

Jeanine Leuckel, StatPro

Tel: 020 8410 8655

Email: jeanine.leuckel@statpro.com

Fabienne Pasquion, Ascension Consulting

Tel: 020 7100 6111 / 07984 119846

Email: fabienne@ascensionconsulting.co.uk

Notes to Editors

Justin Wheatley is available for interview upon request.

About StatPro

StatPro Group is a leading global provider of portfolio analysis and pricing services for the worldwide investment community. Founded in 1994, StatPro offers portfolio analytics software combined with pre-packaged evaluation services using a Software-as-a-Service (SaaS) platform. The company’s integrated solutions provide performance measurement, liquidity risk measurement, attribution analysis, risk management, governance, compliance and reporting – all in a single interface. More than 250 major asset managers worldwide utilise StatPro solutions.

Read more on: www.statpro.com.

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Contact: Jeanine Leuckel
Phone: 020 8410 8655
Email: jeanine.leuckel@statpro.com
Website: http://www.statpro.com