StatPro Group, a global provider of portfolio analysis and asset valuation software for investment professionals, today announced that StatPro Revolution is available for public beta.
Revolution provides secure, online, access to market data, portfolio analysis and reporting from a single web platform. The public beta release gives access to a collection of powerful and visual analysis features including performance, attribution, allocation and risk. Front office financial executives as well as research, reporting and client service professionals will benefit from the ease-of-use, ease-of-implementation, consistency of analysis and cost efficiency that Revolution enables. To sign up for a free user account visit www.statpro.com/revolution.
StatPro Revolution allows users to import performance data from the middle office and provides a wealth of analysis and reporting functionality to any other area of the business - all using the same underlying data. StatPro Revolution can also be used as a stand-alone analysis, reporting and research platform, by taking advantage of the built-in pricing and benchmarking service. Over 500,000 securities and 11,000 benchmarks are available allowing instant portfolio analysis by importing simple holdings data.
Justin Wheatley, StatPro CEO commented, "StatPro Revolution provides technology that will allow managers of all sizes to add incredible value to their front office portfolio analysis process. We believe StatPro is the right solution at the right time for our market. We have seen huge interest in our initial trials and are already working with a major global custodian bank to deploy this service to their clients."
Revolution is a turn-key, software as a service (SaaS) solution that is delivered with integrated data and analytics. This single-point approach can provide more consistency in analysis when compared to multi-system scenarios involving different vendors. Also, because portfolio information only needs to be entered one time, Revolution is faster and easier to implement than multi-vendor solutions.
Revolution is priced from $100 per portfolio per monr month, providing outstanding monetary value for small, medium and large asset managers alike. The full launch of StatPro Revolution is scheduled for January 2011.