LONDON, Feb. 29, 2016 (GLOBE NEWSWIRE) -- StatPro Group plc, the London AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, has been nominated for 'Best Performance Measurement and Attribution System' at the FTF News Technology Innovation Awards 2016. This category highlights the performance measurement solution provider that offers systems for exemplary calculation of returns for portfolios; calculation of attribution effects for equity and fixed-income portfolios; and calculations of ex-post risk, absolute and relative. StatPro is delighted to be one of the four financial technology providers to be nominated.
Winners will be decided by an online voting process and only eligible industry participants can vote. Participants can vote for StatPro Revolution here before March 21, 2016. StatPro is looking to retain the award and win for two years in a row.
StatPro Revolution was launched in 2011 and was the first cloud-based SaaS platform offering complete multi-asset class portfolio analytics and market data. With nearly 300 clients in production, it has won numerous awards and continues to lead the way in product innovation from a technology and functional perspective.
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
HUG#1989932