BOSTON, April 22, 2015 (GLOBE NEWSWIRE) -- StatPro Group plc (AIM: SOG), the AIM listed provider of portfolio analytics for the global asset management industry, today announced that it has won the prestigious 2015 FTF1 Award for the 'Best Performance Measurement & Attribution System'.
StatPro Revolution offers a wide variety of performance analytics, including coverage of absolute and relative analyses against benchmark, performance contribution, ex-post/ex-ante risk, top-down single level attribution, top-down multi-level attribution, bottom-up attribution, and fixed income contribution, integrated with market data.
StatPro Revolution provides integrated coverage of multiple asset classes for over three million securities including equities, mutual funds, hedge funds, bonds, FX forwards, futures, options, OTCs and more.
Client benefits include reducing costs compared to terminal based systems, simple data maintenance and enabling the performance and analytics teams to focus on providing greater value-added functions such as evaluation, interpretation and distribution of the analysis.
Justin Wheatley, Group CEO StatPro said, "It is an honor that StatPro Revolution has been voted the 'Best Performance Measurement & Attribution System'. We are delighted to receive the distinguished FTF award, recognizing our long-term commitment to delivering innovative performance and risk management solutions. The combination of cloud technology and a 'per portfolio' business model has been a game changer for our clients, helping them increase AUM, improve client service, reduce costs and improve compliance with tough regulations."
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 £1 million in 1999 to over £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.
1 Financial Technologies Forum
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