Milan, Italy (1st October, 2015) – StatPro Group plc (AIM: SOG), the AIM listed provider of cloud-based portfolio analysis for the asset management industry; today announced that it has the won the 2015 ‘Best Provider of Risk Solutions Italy’ (Fornitore Di Servizi Di Gestione Del Rischio Dell-Anno) by European Pensions Magazine. StatPro Revolution was chosen by a judging panel comprising experts in the pension fund industry.
StatPro Revolution is well-known in the Italian pension fund market, with many funds using the platform either directly or through third party providers. Adding to StatPro’s recent awards for risk and performance analysis, this accolade recognizes StatPro Revolution as a trusted risk solutions provider.
Key features of StatPro’s multi-asset class risk management solution include a complete set of absolute and relative risk metrics, a wide array of stress tests and award winning compliance monitoring for regulated funds.
Dario Cintioli, Managing Director StatPro said, ‘We are delighted to receive the 2015 European Pensions Award, recognizing our commitment to delivering innovative risk solutions. Building upon expertise and methodologies developed during years of creating award winning risk measurement products, StatPro Revolution enables clients to demonstrate their ability to manage risk across multiple asset classes.’
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 recurring revenue from less than £1 million in 1999 to around £29 million at 30 June 2015. StatPro floated on the main market of the London Stock Exchange in May 2000 and transferred its listing to AIM in June 2003. The Group has operations in Europe, North America, South Africa, Asia and Australia, and approximately 500 clients in 37 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.