StatPro Regions - EMEAA
Simon Johns, CEO EMEAA
Overview
In Europe, StatPro has 5 offices located in
London, Paris, Milan, Frankfurt and Luxembourg. There are around
100 people that work in these offices performing local sales,
service and support to our clients across Europe. Within this
region we develop our risk and complex asset pricing services and
our new cloud-based portfolio analytics platform, Revolution.
In South Africa, our Cape Town office is where
StatPro’s other analytics products are developed and tested and as
a result it is our largest with 54 people. We are proud to have 3
of the 4 largest custodian banks and the 20 top asset managers in
the country as clients.
In Australia our 6 person team looks after all
our local clients as well as clients spread across Asia. We will be
looking to open an office in Asia early in 2012.
The teams in the EMEAA region collectively
manage around 65% of the Group’s revenue.
2010
We signed many new clients to our StatPro
Seven service in 2010 and we implemented them in a remarkably short
time-frame as a result of our Software as a Service strategy. Some
of these new clients were smaller asset managers who were able to
benefit from StatPro Seven’s per portfolio pricing which provides a
low cost of entry.
The total cost of ownership of StatPro Seven
is much lower than the old style installed products offered by
other vendors, and many of our clients recognise the benefits of
converting to StatPro’s Hosting Services and we now have 21% of our
EMEA and Asia Pacific clients benefitting from Software as a
Service and we expect many more to be converting in 2011.
We also recruited a new European Sales
Director in 2010, Ruggero Frisina, and he is building up the sales
team to drive Revolution and Seven sales in 2011.
ISO 27001 Information Security
Management
As a Software as a Service provider,
protecting client data and maintaining uptime of hosted servers in
our London docklands data centre is paramount. We achieved
accreditation to the ISO 27001 standard for Information Security
Management in 2008 and have continued to improve our processes at
each annual reassessment and audit.
StatPro Revolution
We get positive feedback each time we
demonstrate our stunning new StatPro Revolution product. Now the
service is live, we already have clients, in various corners of the
globe, analysing their portfolios by subscribing to Revolution. Our
existing clients are showing high levels of interest in Revolution
as well, given that they can load their portfolios’ weights and
returns from the traditional products directly into Revolution and
thereby offer their customers an enhanced interactive web reporting
and distribution service. The burden and cost of reconciliation
between different systems used in different departments is also
removed when Revolution is used in this way.
We shall be launching StatPro Revolution in
the UK at a prestigious London venue on the 18 May 2011 at which
time we hope to welcome clients and many other interested parties
to the event.
People
At StatPro, we continually invest in the
development of people through both internal and external training
courses. This enables us to offer better informed service and
support to our clients and in 2010 we successfully passed our
re-assessment of the Investors in People standard.
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