STATPRO GROUP PLC - StatPro signs Valletta Fund Services in Malta
(Thomson Reuters ONE) -
13 June 2016
STATPRO GROUP PLC
StatPro signs Valletta Fund Services in Malta
StatPro Group plc (AIM: SOG), the AIM listed provider of portfolio analysis and
asset pricing services for the global asset management industry, announced today
that Valletta Fund Services, the largest fund administrator in the Maltese
market, has extended it's offering to include StatPro Revolution, a
sophisticated cloud-based risk and analytics platform.
Along with daily performance, contribution and attribution analysis, Valletta
Fund Services' clients will gain access to StatPro Revolution's award winning
risk limits monitoring to manage UCITS and AIFMD regulated funds and a complete
suite of risk models including historical risk simulation VaR, Monte-Carlo,
Variance/Co-variance (parametric) VaR, Factor-based risk analytics and
comprehensive sensitivity analysis.
Joseph M Camilleri, Chief Officer at Valletta Fund Services stated that the
company's extensive service offering will be enhanced further through this
useful tool. "VFS's leading position in the marketplace in Malta has been driven
by its on-going innovation, by ensuring that it identifies those areas that our
investment management client base is seeking to address in the most effective
and efficient manner. Increasingly investment managers are outsourcing functions
to external parties, and it is VFS' mission to ensure that such support services
are provided by it. This alliance with StatPro falls squarely within this
mindset aimed at providing investment managers with a useful and professional
tool that assists them in their Risk Management decisions."
Paolo Orlandi, Head of Business Development at StatPro said "The partnership
with Valletta Fund Services means that their clients can now gain access to our
flagship portfolio analytics, with no implementation effort. Malta's investment
industry is growing rapidly and interpreting the regulatory landscape in the
right way is important. With StatPro Revolution, Valletta Fund Services can now
satisfy the increasing demand of portfolio analytics and risk management. The
cloud-based platform offers a complete and cost effective risk solution, ready
to respond rapidly to changing regulation and broadens the range of
sophisticated analytics available to our clients."
- Ends -
For further information, please contact:
StatPro Group plc www.statpro.com
Neil Smyth, Marketing & Technology Neil.Smyth(at)statpro.com +4420 8410 8747
Director
Larry Poon, Global Marketing Manager Larry.Poon(at)statpto.com +4420 8410 8671
Valletta Fund Services Ltd www.vfs.com
Joseph Camilleri, Executive Head jcamilleri.vfs(at)bov.com +356 22755599
Business Development and Corporate
Services
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 annualized recurring revenue from less than £1 million in
1999 to around £32 million today (including Investor Analytics on a pro forma
basis). The Group has operations in Europe, North America, South Africa, Asia
and Australia, with hundreds of clients in 38 countries around the world.
Approximately 80% of recurring revenues are generated outside the UK. StatPro
Group plc shares are listed on AIM.
About Valletta Fund Services
Valletta Fund Services (VFS), incorporated in 2006, is the leading provider of
fund administration services in Malta, and a fully owned subsidiary of Bank of
Valletta (BOV). VFS complements the BOV Group's expertise in the fund business
supporting the Group's growth strategy in the light of the fast changing
developments taking place in Malta which has fast developed into an
internationally renowned financial center.
VFS is very well positioned to provide to the fund management industry with an
integrated range of high quality fund administration solutions. Its strengths
are derived from a strong complement of experienced employees coupled with the
significant investment that has been made in state-of-the-art technology.
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#2018982]
Unternehmensinformation / Kurzprofil:
Datum: 13.06.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 477150
Anzahl Zeichen: 6035
contact information:
Town:
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Kategorie:
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