11 October 2016
StatPro Group PLC
StatPro’s subsidiary Infovest Consulting, signs extended contract with Canadian Asset Manager in the highly competitive data management arena.
StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the cloud-based portfolio analysis and asset pricing services provider for the global asset management industry, announces that its subsidiary, Infovest Consulting (Pty) Ltd (“Infovest”), has entered into a new extended contract with large North American asset manager, Triasima Portfolio Management. This is an impressive win for Infovest in its first year of North American operation.
In February 2016, StatPro acquired 51% of Infovest. The strategic objective of the transaction was to enable Infovest to expand its sales activity across StatPro’s global network of offices and clients and to enable those clients to gain access to integrated solutions to complement StatPro Revolution, such as Infovest’s Data Warehouse, Reporting and ETL solutions.
Triasima Portfolio Management, has signed a long-term contract utilizing Infovest’s investment data management and client reporting systems.
Like most asset managers today, Triasima has a heterogeneous systems environment. By deploying Infovest’s leading-edge solution, Triasima will be better able to leverage their comprehensive systems and the data and information within them to improve their internal and external reporting. They will gain real value from their data whilst providing an integrated solution fundamental to their expanding business.
Senior Director of Operations at Triasima, Marc Dansereau, said, “After a rigorous selection process and detailed evaluation, we chose Infovest because of their efficient, flexible and very comprehensive data management and reporting capabilities. We are excited to partner with Infovest who clearly understand the importance of delivering a tailored integrated solution for Triasima.”
Simon Stillwell, Managing Director of Infovest’s North American operation explained, “We are delighted to have won Triasima’s business. It is a validation of our unique approach as Triasima see the tremendous benefit of using our best practice data model in combination with our easy to use toolkits that give them control. Our approach and systems architecture enables Triasima to satisfy not just today’s need but provides them a strong platform for future growth.”
Triasima Portfolio Management is a Canadian investment management firm known for its unique Three-Pillar Approach, which combines fundamental, quantitative, and trend analysis in a rigorous, yet innovative, investment process that remains consistent under all market conditions. With a successful performance track record since 1998, the firm serves a group of more than 250 institutional, sub-advisory, and individual clients. Today, Triasima has over $3.4 billion in assets under management. It is wholly owned by its employees and directors, and is completely independent from any other company or organization.
Contact: Mathieu Tanguay on +1 (514) 906 0667 ext 230. firstname.lastname@example.org
Infovest is an international software business specializing in solutions for the buy-side and asset service providers alike. Our suite of products encompasses post trade compliance, Investment Data Management, client reporting, and regulatory reporting solutions for today’s investment companies. Infovest aims to reduce the cost of systems ownership, reduce complexity with a flexible data management framework and a tried and tested methodology, all backed by an agile and experienced team of professional consultants. They help clients to bridge the gap between their business and their valuable data resources. With offices in Boston, Cape Town, London and Sydney, Infovest leverages clients’ existing expertise and IT investments in order to help them meet continually evolving requirements, whether through growth or regulation.
Contact: Simon Stillwell on +1 (617) 401 5935. email@example.com