STATPRO Group plc, a leading provider of portfolio analytics and asset valuation services for the global asset management industry, today announces that the official launch of StatPro Revolution, its cloud-based portfolio analysis platform for asset and wealth managers, will be held at Tate Modern in London on 18th May 2011.
In co-operation with Cenkos Securities, a leading securities firm focused on UK small and mid-cap companies, StatPro will unveil its revolutionary new front-office solution at the event, which will be attended by the UK’s leading fund managers, prime brokers and industry CEO’s.
Demonstrations and free 30-day trials will be on offer to the attendees.
StatPro Revolution offers 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 portfolio analysis distribution, whilst cutting costs. Because it is cloud-based, it is sold at a fraction of the price of many traditional analytics solutions – US$100 per portfolio per month, for 100 users and unlimited report generation.
Justin Wheatley, CEO of StatPro Group plc, commented: “Our vision for StatPro Revolution was ‘analytics for the people’ – to make a service that costs hundreds of thousands of dollars available to even the smallest asset manager. We are now incredibly excited to launch StatPro Revolution after a very successful nine-month beta period. We already have hundreds of users around the world and have signed several major clients. This is the beginning of a new era in the analytics industry.”
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 Revolution
Software-as-a-Service (SaaS) technologies are transforming whole sectors across the business world and portfolio analytics is no exception. StatPro is the first company to offer 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 access to StatPro’s data universe of more than 500,000 securities, including global mutual fund data and 9,000 benchmarks. This fee also includes access to an unlimited amount of report generation and unlimited amount of data imports. For those signing up for the free 30-day trials, there is no sharing functionality.
About StatPro
StatPro is a leading provider of portfolio analysis analytics and asset valuation solutions 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.
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Website: http://www.statpro.com/
