STATPRO Group plc, a leading provider of portfolio analytics and data solutions for the global asset management industry, today announces that Australian fund administrator, FundBPO, has signed a deal for Revolution, StatPro’s new cloud-based analytics suite.
Revolution is a cloud based portfolio analysis service offering performance, attribution, risk management and reporting for portfolio managers around the world. It was created to answer the industry’s priorities – improving communication, transparency and distribution, whilst cutting costs. It is sold at a fraction of the price of many traditional analytics solutions – US$100 per portfolio per month, for an unlimited number of users.
Martin Smith, chief operating officer, FundBPO, commented: “StatPro Revolution gives us access to the most sophisticated portfolio analysis and reporting at a far lower price than we would normally pay for this quality of service.
“It enables our fund manager clients to see a complete picture of their portfolio asset allocation, risk performance and attribution on a daily basis.
“We have gone live with a domestic equity and an international equity portfolio and expect our clients will be able to produce a variety of reports with detailed analysis in a variety of formats on a daily basis. Revolution will give them timely decision support information and in turn give us some competitive advantage.”
Justin Wheatley, CEO of StatPro Group plc, commented: “We are really excited that FundBPO chose Revolution. After a very successful trial period, with hundreds of beta users, the platform is now available to asset managers around the world. Technology that used to cost hundreds of thousands of dollars or more is now available to even the smallest asset manager.”
To see StatPro Revolution and to sign up for a free trial account go to www.statpro.com
For further information please contact:
Jeanine Leuckel, StatPro
Tel: 020 8410 8655
Fabienne Pasquion, Ascension Consulting
Tel: 020 7100 6111 / 07984 119846
Notes to Editors
Justin Wheatley is available for interview upon request.
SaaS technologies are transforming whole sectors across the business world and portfolio analytics is no exception. StatPro offers a genuine SaaS solution that integrates data and software as a service for portfolio analysis. StatPro Revolution is an open platform with a toolkit for integration with third-party solutions. The key objective is to offer an outstanding service and equal service to fund managers of all sizes at affordable prices.
For $100 per portfolio per month, Revolution includes risk, attribution, performance and reporting – as well as unrestricted access to StatPro’s data universe of more than 500,000 securities and 9,000 benchmarks. This fee also includes access to an unlimited amount of report generation and unlimited amount of data imports.
StatPro is a leading provider of portfolio analytics and asset valuation services for the global asset management industry. The company sells a SaaS-based analytics and data platform on a rental basis to investment management companies allowing them to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides market data and valuation feeds including a Complex Asset Pricing service.
For more information on StatPro, please visit our website at http://www.statpro.com
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