NEW YORK, NY--(Marketwired - Oct 10, 2013) - StatPro Group plc. (AIM: SOG), a market leader in portfolio analytics, today announced that StatPro Revolution now supports enhanced user management allowing clients to create any number of custom roles and profiles with specific access permissions within the platform.
This centralized process enables quick yet controlled distribution of cloud-based portfolio analytics. Such control enables rapid deployment of business information to any user with a full audit trail and without the hassle and expense of managing local applications.
StatPro is set to expand on this the concept that every portfolio is a network in the December release by providing the enhanced ability to share approved interactive portfolio analysis to users outside the client's organization, giving complete control over what information is shared with defined cut off points within the data. Sharing of pre-approved analysis enables StatPro Revolution users to distribute performance and risk analytics to all those linked to the portfolio, such as colleagues, distribution channel partners, clients, compliance teams or outsourced investment managers. Users have the ability to control what levels of analysis are shared and what time periods the analysis covers. This new feature gives users complete confidence that they are sharing the right data, at the right time, for the right portfolio.
StatPro Group CEO Justin Wheatley states, "Sharing interactive analysis increases our clients' efficiency and transparency, enhances their client service, and builds trust. Every portfolio is a network, so being able to share interactive analysis in a controlled manner gives StatPro Revolution clients an advantage over others when communicating about performance and risk to portfolio stakeholders."
Both features are available within StatPro Revolution at no additional cost.
About StatPro Group:
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 £1 million in 1999 to around £30 million at 30 June 2013 and currently enjoys a renewal rate of approximately 91%. 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 425 clients in 36 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.