NAB Asset Servicing selects StatPro Revolution for performance measurement
(Thomson Reuters ONE) -
27 June 2016
PRESS RELEASE
NAB Asset Servicing selects StatPro Revolution for performance measurement
NAB Asset Servicing today announced it has selected StatPro Revolution as its
new performance and risk analytics reporting platform.
Executive General Manager, NAB Asset Servicing, John Comito, said the selection
of StatPro is another example of how NAB is incorporating innovative and
industry-leading technology to address the changing needs of clients.
"Our clients will be able to access more information than ever before through
this integrated performance and risk product," Mr Comito said.
"The StatPro Revolution platform not only represents the next generation of
analytics software, but also enables daily online access to performance and risk
analytics. This will enable clients to better manage their investment portfolio
with up-to-date information, which is critical in today's challenging economic
environment.
"For example, clients will now be able to look through their investment
structure in detail, including looking at unitised trusts, multiple performance
attribution models, scenario stress testing and APRA's Standard Risk Measure.
"NAB's extensive expertise and local regulatory knowledge in Australia, coupled
with StatPro's award-winning analytics product will enable our clients to
support their investment decision making processes with confidence," Mr Comito
said.
StatPro CEO, Justin Wheatley said: "NAB Asset Servicing wants to offer their
clients the best possible service for portfolio analytics in the fastest and
most scalable way, while maximizing their control over the data to ensure full
compliance. We believe that StatPro Revolution, with its state of the art cloud
technology, can meet their expectations, and we look forward to working closely
with them."
StatPro's appointment will take effect following a period of transitional work.
In the meantime, NAB will continue to deliver performance and risk analytics
services to its clients using its existing provider.
About NAB Asset Servicing
Asset Servicing, part of NAB's Product and Markets division, is the largest
custodian in the Australian market, and provides custody, master custody,
investment administration and other related services to a range of locally and
internationally domiciled clients. These include government agencies, investment
managers, superannuation funds, insurance companies and banks. NAB has provided
domestic custody services since 1950 and global custody and investment
administration services since 1975.
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 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 in London.
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#2022851]
Unternehmensinformation / Kurzprofil:
Datum: 27.06.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 480012
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contact information:
Town:
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Kategorie:
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