StatPro releases new market values based data model in latest release
(Thomson Reuters ONE) -
StatPro releases new market values based data model in latest release
London, UK (March 13th, 2015)
StatPro Group plc (AIM: SOG), the AIM listed provider of cloud-based portfolio
analysis for the asset management industry, today announced that on March 7th it
released version 62 of StatPro Revolution to all clients. This release marks the
first update of 2015 to the cloud-based platform. Developing for the cloud
allows StatPro to create updates more frequently than traditional software and
clients do not have to go through an upgrade process or costly IT project.
Version 62 now supports market values as import data allowing a more accurate
weight and return to be calculated. This provides additional flexibility
alongside the existing quantity based holdings data and the security weights and
returns option. This new version also supports switching from current data
models to the new data model to preserve historical performance.
We have also updated the Portfolio Admin section to make it easier to create and
edit portfolio settings. It's also easier to browse and sort larger number of
portfolios using the new portfolio picker screen.
This upgrade also enables multiple NAV series data imports for a single
portfolio. This provides additional flexibility for portfolios containing
multiple share classes for example.
Dario Cintioli, StatPro Managing Director commented, "these latest enhancements
focus on the usability of StatPro Revolution enabling our clients the
flexibility they require. We have also been preparing the system for additional
risk analysis functionality including migrating to a new StatPro Risk API
service that will perform many risk calculations on behalf of StatPro
Revolution. This important work will allow us to accelerate the development of
advanced risk analytics including relative risk and risk factor decomposition
during 2015."
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. Thousands
of investment professionals use StatPro's premium services directly or through a
fund administrator or partner to perform advanced portfolio analysis, data
management, reporting and online distribution every day. This multi asset-class,
analytics platform helps StatPro's clients increase assets under management,
improve client service, meet tough regulations and reduce costs.
With over 20 years' experience combining technology and industry expertise,
StatPro believes portfolio analytics should add value, insight and competitive
advantage while being flexible, scalable and cost effective. 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 £1 million in 1999 to
around £29 million at 31 December 2014. 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.
For further enquires please contact:
Rachael Cooper
Global Marketing Manager, StatPro
Tel: +44 (0)20 8410 8655
rachael.cooper(at)statpro.com
Swati Bhoumick
Marketing Manager North America & APAC, StatPro
Tel: +1 (617) 692 1140
swati.bhoumick(at)statpro.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: StatPro Inc. via GlobeNewswire
[HUG#1902990]
Unternehmensinformation / Kurzprofil:
Datum: 13.03.2015 - 08:00 Uhr
Sprache: Deutsch
News-ID 378297
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contact information:
Town:
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