StatPro Group plc (SOG.L), a global leader in portfolio analytics solutions, announced that it has signed an agreement with NICE Pricing and Information (NICE P&I) who will act as a referral partner in Korea.
The partnership agreement is the first of its kind in the region and will make StatPro Revolution, a cloud-based portfolio analytics platform offering performance, attribution, compliance and risk analytics available to the growing number of asset managers and institutional investors in the Korean Market.
NICE P&I's core business includes bond pricing, bond indices and consulting services. They have built a strong network within the market and have a thorough understanding of the many layers of financial organizations in Korea. Clients referred by NICE P&I who sign up to StatPro Revolution will be able to view highly visual daily performance, risk, contribution, and attribution analysis, all in one place. Allowing the entire organization access to the level of portfolio analysis they need with configurable screen and content access. Using StatPro Revolution, asset managers can now securely share their performance analysis to anyone across their network in a controlled, transparent, and user-friendly manner.
Mr. Youngha Han, Ph.D, Managing Director of NICE P&I commented, "We are pleased to be partnering with StatPro, a globally renowned player in portfolio analytics solutions. Working together in the future we will be able to satisfy the needs of domestic and global investors by fully committing our expertise in bond pricing and asset management."
Laurent Laclaverie, Managing Director of StatPro Asia Pacific said, "We are delighted to be working with NICE P&I as we will be able to satisfy the Korean markets' hunger for enhanced portfolio analytics and reporting solutions. The partnership also tackles one of the traditional market data issues by providing a platform for distributing Korean indices to the clients of StatPro Revolution. We are understandably excited to see what the future holds."