StatPro Group PLC StatPro Revolution launches version 65
December 14 2015 - 2:00AM
RNS Non-Regulatory
TIDMSOG
StatPro Group PLC
14 December 2015
RNS Reach
14 December 2015
StatPro Group plc
StatPro Revolution launches version 65 - record number of
features added in 2015
StatPro Group plc (AIM: SOG, "StatPro", "the Group"), the
leading provider of cloud-based portfolio analysis and asset
pricing services for the global asset management industry, has
released its latest version, the 65(th) , of StatPro Revolution,
its flagship product.
Over the course of 2015, StatPro has added numerous new features
to the Revolution platform, which have been predominantly focused
on risk analytics improvements. These new advanced risk features
allow for migration of existing StatPro Seven clients to the
cloud-based StatPro Revolution platform and will appeal to new
customers too. The Group is already working with four existing
StatPro Seven Risk clients on their migration to StatPro
Revolution.
The new features added over the course of 2015 complement the
existing capabilities of StatPro's award winning multi-asset class
analytics platform, which already provides performance and advanced
attribution analysis, award winning compliance and risk limits
monitoring, unlimited reporting and unlimited users in a scalable
cloud-based platform.
Justin Wheatley, Chief Executive of StatPro, commented:
"The 65(th) release of StatPro Revolution cements a busy 2015 in
which we have added a record number of new features. We have
intentionally focused on enhancing Revolution's risk analytic
capabilities to help our clients meet increasingly complex
regulations.
"The investment we have made in cloud technology means that we
continue to be the leading innovator in our market.
"We look forward to launching our new hyper-scalable performance
measurement module to the Revolution platform in 2016."
Enquiries:
StatPro Group plc
Justin Wheatley, Chief Executive 020 8410 9876
Andrew Fabian, Finance Director
Panmure Gordon - Nomad and Broker
Corporate Finance - Freddy Crossley
/ Fred Walsh 020 7886 2500
Corporate Broking - Tom Salvesen
Instinctif Partners
Adrian Duffield / Lauren Foster 020 7457 2020
About StatPro
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 GBP1
million in 1999 to around GBP29 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, with hundreds of clients in 37 countries around the
world. Approximately 80% of recurring revenues are generated
outside the UK.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRADFLFFELFLFBQ
(END) Dow Jones Newswires
December 14, 2015 02:00 ET (07:00 GMT)
Statpro (LSE:SOG)
Historical Stock Chart
From May 2024 to Jun 2024
Statpro (LSE:SOG)
Historical Stock Chart
From Jun 2023 to Jun 2024