Boston, MA (21st March, 2013) – StatPro Group plc (AIM: SOG), a global leader in portfolio analytics solution, today announced that hedge fund and private equity administrator ISIS Fund Services (ISIS) has extended its offering to include StatPro Revolution. This collaboration will provide ISIS’ clients that sign up for StatPro services, with performance and risk analytics delivered via cloud-based technology.
StatPro Revolution provides sophisticated online investment portfolio analysis. This tool will enable ISIS’ clients to view daily performance, risk, contribution, and attribution results. StatPro Revolution allows fund managers to view risk scenarios and see the impact at portfolio, sector and security level. It enables them to create custom securities, classifications, and benchmarks and provides multi-language reports that can be exported to PDF and Excel. Using StatPro Revolution, hedge fund managers can now report performance analysis to the investors in a transparent, visual, and user-friendly manner.
Justin Wheatley, Group CEO of StatPro says, ‘Our partnership with ISIS Fund Services has created a world-class offering that will give clients an accurate and transparent view into their fund performance and risks. The rapid adoption of StatPro Revolution by the investment community has a lot to do with the price and functionality of the service. Our cloud-based analytics enables them to have access to accurate reporting that is transparent, consistent and compliant, and can be shared with clients and partners over the web.’
Brian Desmond, CFO and COO of ISIS Fund Services says, ‘Our clients and their fund investors are looking for greater transparency in their portfolio reporting as well as deeper risk analysis. We have searched high and low for a partner that offers our clients with high quality transparency and risk analysis and reports in an efficient and cost effective manner and StatPro Revolution fits the bill perfectly. We are pleased to offer this excellent performance analytics tool which will enable our clients to take great strides in reporting to their investors.’
About the ISIS Fund Services Group
ISIS is an independent fund administrator providing administrative and operational support to a wide range of global investment managers adopting a diverse range of investment styles. Our product offering specializes in hedge funds, ILS funds, fund of hedge funds and private equity funds with a comprehensive range of fund administration services. ISIS was founded by a leadership team with significant in-depth knowledge and expertise in fund administration and has created a company that is client focused with the ability to offer products and services tailored to meet clients’ needs. The Company’s success is built on stability, professionalism and expertise combined with flexibility, autonomy and character. ISIS currently services over 140 client entities from Bermuda, Charlotte and Cayman offices and clients range from emerging managers to large institutional funds.
ISIS became a licensed administrator by the Bermuda Monetary Authority under the Investment Funds Act 2006 (IFA) in August 2007. In November 2011, ISIS and the Horseshoe Group formed a joint partnership called ILS Fund Services Ltd. to provide fund administration and valuation verification services to funds that invest in insurance linked securities. ILS Fund Services is also a licensed fund administrator by the Bermuda Monetary Authority under the IFA.