8th December 2016
StatPro Group PLC
StatPro Investor Analytics re-named StatPro Revolution Alpha as cloud integration takes shape
LONDON – StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry announces today that its recently acquired cloud-based risk analytics system, Investor Analytics, has been re-named StatPro Revolution Alpha as the integration within the Revolution platform takes shape.
New York based Investor Analytics was acquired by StatPro Group in January 2016. The addition has brought new analytics and risk models to StatPro’s global client base, including custom factor modelling capabilities, and the integration into the Revolution Platform is now well under way.
Market data integration progress means Revolution Alpha is already using StatPro’s centralized global equity data for all analyses. Progress continues with the Revolution Global Data project that will permit Revolution Alpha to natively accept holdings data from the Revolution platform, which is expected to be complete before the end of 2016. Front-end interface integration is also a priority and new releases in 2017 will bring further enhancements in areas such as single-sign-on and unified menus and analysis screens.
Damian Handzy, former CEO of Investor Analytics and now Global Head of Risk for StatPro comments “Integrating our risk functionality into StatPro Revolution is one of our key objectives because it continues our accelerating delivery of scalable cloud-based performance and risk in one unified product. This is precisely why StatPro acquired Investor Analytics.” He continued, “We are excited to re-brand our front-office focused module as Revolution Alpha because it reflects our clients’ increasing use of risk analysis in the investment decision process.”
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 licence free Freedom Index.
StatPro has grown its Annualised Recurring Revenue from less than £1 million in 1999 to around £32 million at end December 2015 (including Investor Analytics and InfoVest acquisitions in 2016 on a pro forma basis). 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.
|StatPro Group plc|
|Neil Smyth, Marketing Director||+44 (0) 20 8410 9876|
|Damian Handzy, Global Head of Risk||+1 646 553 4500|