LONDON, Feb. 25, 2016 (GLOBE NEWSWIRE) -- London, UK (25th February, 2016) - StatPro Group plc (AIM: SOG), the AIM listed provider of cloud-based portfolio analysis for the asset management industry, today announced that its newly acquired cloud-based advanced risk analytics platform, Investor Analytics, has won the 2016 HFM US Technology Awards for "Best Risk Management Software". StatPro Investor Analytics was chosen by a panel of expert judges looking for a company that demonstrated exceptional customer service and innovative product development over the past 12 months.
This accolade recognizes StatPro Investor Analytics as a leading risk management services provider to the investment industry. This comprehensive cloud-based risk analytics solution is not only powerful, but also includes every expected analytic for all aggregation levels of the portfolio. Employing proprietary methodologies to analyze financial investment portfolios and providing clients with a suite of risk and transparency tools has proven to be a winning solution.
Damian Handzy, Global Head of Risk for StatPro (formerly CEO for Investor Analytics) said, 'We are delighted to receive the Best Risk Management Software award for 2016, recognizing our commitment to delivering innovative risk management solutions. I look forward to an even bigger and better year ahead as we move to combine Investor Analytics' Monte Carlo simulation, variance/covariance risk and factor modeling with StatPro's historical simulation risk model & wide pricing capacity. The combination will provide an even more powerful and flexible solution to the investment industry.'
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 open source Freedom Index.
StatPro has grown its annualized recurring revenue from less than £1 million in 1999 to around £32 million today. 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.
Further information is available at www.statpro.com
Media and enquiries contact:
Neil Smyth
Marketing and Technology Director
neil.smyth@statpro.com
Office: +44 (0) 20 8410 8747
Damian Handzy
Global Head of Risk
damian.handzy@statpro.com
Office: +1 646 553 4499
HUG#1989076