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LONDON, Sept 9, 2015 - (ACN Newswire) - StatPro Group plc (AIM: SOG), the AIM listed provider of cloud-based portfolio analysis for the asset management industry, today announced that it has released the latest version of StatPro Revolution to all clients. This release marks the 64th release of the cloud-based platform and is the third regular update in 2015.
Our latest version of StatPro Revolution continues our expansion of advanced risk management with new relative risk and risk attribution dashboards, supporting reports and enhanced table view configuration options.
These new risk dashboards build upon the risk measures introduced in the last version and provide a dynamic, visual analysis of a portfolio's risk against a benchmark. StatPro Revolution's advanced risk management analysis is now combined with our award winning compliance monitoring feature.
To support the new relative risk attribution dashboards we have created two new reports, Value at Risk Attribution and Expected Tracking Error Attribution, which are now available in the report library. The analysis grids within the new risk management dashboards have also been enhanced, allowing users to now configure up to 15 measures to compare against each other.
In addition, StatPro is honored to have won the 2015 Wealth & Money Management Award for 'Best Portfolio Analysis Platform - UK', adding to our recent awards for risk and performance analysis.
Dario Cintioli, MD StatPro says, "This release marks a key milestone in our strategy of delivering top-quality performance, risk and compliance analytics in a single cloud-based platform. The combination of advanced risk functionality and our award-winning compliance module in one integrated workflow will further benefit our clients, spreading risk analytics throughout their organizations in an efficient and cost-effective manner".
About StatPro
StatPro is a global provider of award winning portfolio analytics solutions for the investment community. The Group's cloud-based platform provides vital analysis of portfolio performance, attribution, risk and compliance. This multi asset-class analytics platform helps StatPro's clients increase assets under management, improve client service, meet tough regulations and reduce costs. The Group's integrated and global data coverage includes over 3.2 million securities such as equities, bonds, mutual funds, FX rates, futures, options, OTCs, sector classifications and much else besides. StatPro also covers most families of benchmarks including MSCI, FTSE, Russell, NASDAQ and the licence free Freedom Index.
StatPro has grown its recurring revenue from less than GBP 1 million in 1999 to around GBP 29 million at 30 June 2015. StatPro floated on the main market of the London Stock Exchange in May 2000 and transferred its listing to AIM in June 2003. The Group has operations in Europe, North America, South Africa, Asia and Australia, and approximately 500 clients in 37 countries around the world. Approximately 80% of recurring revenues are generated outside the UK. www.statpro.com
Contact
info@statpro.com
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: StatPro Inc. via Globenewswire
Topic: Press release summary
Source: Statpro Group
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From the Asia Corporate News Network
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