StatPro Joins NASDAQ's Elite Index Data Partner Program
2014年7月9日 - 9:00PM
StatPro Group plc (LSE:SOG), the AIM listed provider of cloud-based
portfolio analytics for the global asset management industry, today
announced it has joined NASDAQ's Elite Index Data Partner Program.
This allows StatPro Revolution customers access to the complete
suite of more than 41,000 indexes offered by the NASDAQ Global
Index Family. Says Justin Wheatley, Group CEO of StatPro, "We are
excited to be partnering with NASDAQ to supply their high quality
indexes in StatPro Revolution, our cloud based portfolio analytics
service. For the first time, asset managers of any size will be
able to perform sophisticated attribution analysis by buying index
data on a per portfolio basis. For investors, the high integrity of
the NASDAQ brand means that they can be confident that any
comparison between a fund manager's portfolio and the NASDAQ
indexes will be as good, if not better, than any alternative index
provider. For asset managers, the combination of brand, quality and
price point makes this an unbeatable combination."
StatPro Revolution's App Store will feature the NASDAQ indexes,
both on a constituent and total level, and will allow clients the
opportunity to buy benchmark data on a per portfolio basis. By
combining the power of StatPro Revolution's cloud-based portfolio
analytics and NASDAQ's high-quality low cost benchmark data, asset
managers will have access to deeper insights at a significantly
lower cost.
Further, NASDAQ's Index Level Performance available in StatPro
Revolution can be redistributed by downstream clients in their own
reports without the need for a direct license or associated fees,
enabling investor communications without incurring additional fees
for reporting rights, typically charged by other benchmark
providers.
Says Oliver Albers, Vice President Sales for Index & Data at
NASDAQ OMX, "Partnering with StatPro Revolution to offer the NASDAQ
Global Index Family is an exciting opportunity for both companies
that creates unsurpassed value for the buy-side community. The
combination of StatPro's cloud-based analytics platform and
NASDAQ's deep global index content enables investment managers of
all sizes to conduct sophisticated portfolio attribution analysis
at an affordable price."
About StatPro
StatPro is a global provider of portfolio analytics for the
investment community. Our cloud-based services provide vital
analysis of portfolio performance, attribution and risk. Hundreds
of investment professionals use our cloud services directly or
through a fund administrator/partner to perform sophisticated
analysis, reporting and distribution every day.
With 20 years of experience and expertise, we believe analytics
should be sophisticated yet simple and useful as well as secure.
StatPro data coverage includes global equities, global bonds,
global mutual funds, most families of benchmarks, FX rates, sector
classifications and much else besides.
StatPro has grown its recurring revenue from less than $1
million in 1999 to around $50 million at 31 December 2013. 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 450 clients in 36 countries around the
world. Approximately 80% of recurring revenues are generated
outside the UK.
CONTACT: StatPro contact
Swati Bhoumick
swati.bhoumick@statpro.com
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