StatPro Group PLC Top 20 Fund Administrator 3 yr contract extension
May 20 2019 - 1:01AM
RNS Non-Regulatory
TIDMSOG
StatPro Group PLC
20 May 2019
RNS REACH
20 May 2019
StatPro Group PLC
Top 20 Fund Administrator three year contract extension for
GBP2.44m
StatPro Group plc, ("StatPro", "the Group", AIM: SOG), the AIM
listed provider of cloud-based portfolio analytics and asset
pricing services for the global asset management industry, has
secured a three-year contract with a top 20 Fund Administrator for
Revolution, with a minimum contract value of GBP2.44 million.
The Fund Administrator currently uses Revolution to provide
services to over 30 clients for performance, attribution and risk.
This contract extension sees its renewed commitment to Revolution
and future expansion of the services available on the Revolution
platform, including fixed income risk and attribution.
The use of Revolution and its underlying technology has
transformed the service that the Fund Administrator has been able
to provide its clients and given it a significant competitive
advantage.
Justin Wheatley, Group CEO, commented:
"There is no doubt that our technology was the central reason
for this contract win and extension as our cloud based solution
offers unbeatable scalability and speed as well as comprehensive
functionality."
Enquiries:
StatPro Group plc
Justin Wheatley, Chief Executive +44 (0) 20 8410 9876
Andrew Fabian, Finance Director
Panmure Gordon - Nomad and Broker
Corporate Finance - Freddy Crossley
/ Fabien Holler +44 (0) 20 7886 2500
Corporate Broking -James Stearns
Instinctif Partners
Adrian Duffield/Kay Larsen/Chantal
Woolcock +44 (0) 20 7457 2020
About StatPro
StatPro Group (www.statpro.com) provides cloud-based portfolio
analytics, asset data services and data management tools for the
global asset management industry and asset management service
providers.
The Group has 10 offices in Europe, North America, South Africa
and Australia, servicing around 450 clients in 40 countries. It is
organised into three divisions: Revolution, Source: StatPro and
Infovest.
Revolution is a global provider of award-winning portfolio
analytics solutions. The cloud-based platform offers vital analysis
of portfolio performance, attribution, risk and compliance.
Revolution helps clients reduce costs, improve client communication
and control investment decisions.
Source: StatPro is a global market data business and provides
Data-as-a-Service to Revolution to enable analytics. The division's
integrated and global data coverage includes millions of securities
covering the full range of financial instruments and
benchmarks.
Infovest, supplies data management solutions for the global
asset management market, including data warehouse technology, ETL,
compliance and reporting tools as well as portfolio management
solutions.
StatPro Group plc shares are listed on AIM.
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END
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