StatPro Group plc ( AIM : SOG ), the AIM listed provider of cloud-based portfolio analytics and data solutions for the global asset management industry, today announces a new partnership with Interactive Data, a leading global data provider.
By integrating Interactive Data's extensive award winning fixed income evaluations data into StatPro Revolution, StatPro's cloud-based portfolio analysis platform, StatPro clients can now access evaluated prices for approximately 2.8m fixed income securities including investment grade and high yield corporate and sovereign securities, securitised securities and U.S. municipal securities.
Available online in the StatPro Revolution App Store for a portfolio based fee, evaluated pricing data can be easily incorporated into any existing portfolio within StatPro Revolution. By acquiring the data through the StatPro Revolution App Store, clients have a one-stop-shop for data and analytics through StatPro Revolution.
Justin Wheatley, CEO, StatPro, states: "This partnership with Interactive Data allows us to dramatically increase the data coverage we offer in StatPro Revolution. It's exciting to see such a large data vendor embrace per portfolio pricing through an online platform. Being able to offer Interactive Data fixed income evaluated prices to clients through the StatPro Revolution App Store means they can get what they want all in one place."
Anthony Belcher, director, EMEA Pricing and Reference Data at Interactive Data, comments: "Increased demand for transparency from portfolio reporting and new accounting standards are driving demand for high quality, fixed income evaluations to better manage portfolios and the valuation process. Through this agreement, StatPro's asset management clients can now quickly and easily access a broad range of Interactive Data's fixed income evaluation data that is used by thousands of financial institutions globally."