Boston, MA (16th December, 2013) – StatPro Group plc (AIM: SOG), a global leader in portfolio analytics solutions, today announced that StatPro Revolution has been awarded two “best-in-class” ratings in the CEB TowerGroup 2013 Performance Measurement Technology Analysis. StatPro Revolution was recognized in the ‘user experience’ and ‘workflow management’ categories.
When looking for best in class examples CEB TowerGroup looked at the customized experience for users which included the analytics workflow, the attribution analytics and the asset types covered in StatPro Revolution. Workflow management included attributes that enhance and support business needs of an enterprise’s performance function such as analytics workflow, audits & transparency and regulatory compliance.
StatPro’s Group CEO Justin Wheatley said, ‘I am delighted that CEB TowerGroup has awarded StatPro Revolution as a ‘best-in-class’ provider in these categories. This reflects the powerful analytical capabilities of our solution as well as the complete market data service that is included. We share our product roadmap with clients and allow them to vote on which functionality is most important to them. This feedback together with our rapid release cycle keeps us ahead of market trends and provides an excellent user experience to our clients.’
Dushyant Shahrawat, Senior Research Director at CEB TowerGroup, added “Performance Measurement and Attribution is attracting a lot of attention in the industry driven by a competitive investment environment, continued shortfall in public plans, drive towards greater transparency and disclosure, and antiquated PM&A technology that is beginning to creak under new industry demands”.
CEB TowerGroup conducted the analysis to identify and measure key drivers of a performance measurement investment decision and provide a comparative landscape of vendor technology products.
The key findings of this analysis were:
- Increasing concerns around meeting performance and returns objectives
- Performance workflows and enterprise needs will be improved by emerging performance measurement technologies
- Global investment in performance measurement systems is expected to increase by 6.9% per year until 2017.
StatPro is a global provider of portfolio analytics for the investment community. Our cloud-based services provide vital analysis of portfolio performance, attribution and risk. Hundreds of investment professionals use our cloud services directly or through a fund administrator/partner to perform sophisticated analysis, reporting and distribution every day.
With nearly 20 years of experience and expertise, we believe analytics should be sophisticated yet simple and useful as well as secure. StatPro data coverage includes global equities, global bonds, global mutual funds, most families of benchmarks, FX rates, sector classifications and much else besides.
Technology Assessment Disclaimer
CEB does not endorse any vendor, product or service depicted in our CEB TowerGroup publications and does not advise technology users to select only those vendors rated “best in class.” CEB TowerGroup research publications consist of the opinions of CEB TowerGroup’s analysts and should not be construed as statements of fact. CEB disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.