StatPro Group plc, a leading provider of portfolio analytics and asset valuation services for the global asset management industry, today announces that the official launch of StatPro Revolution, its cloud-based portfolio analysis platform for asset and wealth managers, will be held at Tate Modern in London on 18th May 2011.
In co-operation with Cenkos Securities, a leading securities firm focused on UK small and mid cap companies, StatPro will unveil its revolutionary new front office solution at the event, which will be attended by the UK's leading fund managers, prime brokers and industry CEO's. Demonstrations and free 30-day trials will be on offer to the attendees.
StatPro Revolution offers performance, attribution, risk management and reporting for portfolio managers around the world. It was created to answer the industry's priorities - improving communication, transparency and portfolio analysis distribution, whilst cutting costs. Because it is cloud-based, it is sold at a fraction of the price of traditional analytics solutions - US$100 per portfolio per month, for 100 users and unlimited report generation.
Justin Wheatley, CEO of StatPro Group plc commented: "Our vision for StatPro Revolution was 'analytics for the people' - to make a service that costs hundreds of thousands of dollars available to even the smallest asset manager. We are now incredibly excited to launch StatPro Revolution after a very successful nine-month beta period. We already have hundreds of users around the world and have signed several major clients. This is the beginning of a new era in the analytics industry."