Thursday, December 1st, 2016
StatPro Group PLC
STATPRO CELEBRATES DOUBLE AWARD WIN WITH RISK.NET AND HFM TECHNOLOGY INDUSTRY AWARDS
London, UK (Dec 1st, 2016) – StatPro Group plc (AIM: SOG), the AIM listed provider of cloud-based portfolio analytics for the global asset management industry, today announced that it has won two prestigious industry awards.
The award for ‘Best Performance Attribution System’ was presented by Risk.Net at their Buy-Side Awards in London on the 30th November. This award reflects StatPro’s reaction to the industry’s data management and scalability challenges, especially when it comes to measuring detailed portfolio performance on a daily basis, something critical to many global asset managers.
StatPro was also recognized at the HFM Week Technology Awards in London on the 29th November as the ‘Most Innovative Technology Provider.’ The win was thanks to StatPro’s unique use of elastic cloud-computing for its new Performance Measurement service, Revolution Performance.
Justin Wheatley, StatPro Group CEO commented: ‘We are delighted to win not one, but two highly recognized industry awards for the technology, functionality and innovation within the Revolution platform. Our cloud technology, data controls and visual workflow are unique in the marketplace and we are very pleased these have been recognized with such prestigious awards.’
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 £36 million at the end of June 2016. 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.