|By Marketwired .||
|May 29, 2014 02:00 AM EDT||
LONDON, ENGLAND -- (Marketwired) -- 05/29/14 -- StatPro Group plc (AIM:SOG), a global leader in portfolio analytics solutions, today announced that Maitland Fund Services has extended its offering to include StatPro Revolution, a beautiful and sophisticated cloud-based portfolio analysis platform.
StatPro Revolution will enable Maitland's clients to view highly visual daily performance, risk, contribution, and attribution analysis, all in one place. It allows your entire organization to access the level of portfolio analysis they need with configurable screen and content access. Using StatPro Revolution, fund managers can now securely share their performance analysis to anyone across their network in a controlled, transparent, and user-friendly manner. StatPro Revolution brings self-service portfolio analysis and online reporting to fund managers of any size.
Craig Arenhold, CEO StatPro, South Africa
"We are delighted with the closer association with Maitland. Both StatPro and Maitland are in the privileged position of having great breadth of clients both in South Africa and globally. This partnership will assist in providing our clients a self-service value-added offering which will give greater transparency and understanding on portfolio performance, attribution and risk."
Andre le Roux, Head of Business Development Africa for Maitland
"The great advantage of this partnership is that it will allow all our clients of any size access to sophisticated performance and risk reporting services on a fee per use basis. This was previously the preserve of the more sizeable fund managers."
Maitland is an international legal, fiduciary and funds services group with over $200 billon assets under administration. The company was founded in Luxembourg in 1976 and serves a prestigious base of private, corporate and institutional clients. Specializing in cross-border solutions, it employs over 700 people across a global network of 13 offices in 12 countries.
Since 1998, Maitland has offered independent third-party fund administration globally to fund managers, with a focus on institutional asset managers, pension funds and hedge funds. Our service extends across all fund types and investment styles. We operate at the highest technological and governance levels. We act as an integrator of best of breed technology to provide automated front, middle and back-office administration services to our clients. In line with best practice, clients outsource to Maitland to obtain independent administration, access a platform for product construction and innovation, reduce technology investment and operational risk, and focus on their core business.
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 nearly 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 GBP 1 million in 1999 to around GBP 29 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.