StatPro Secures Three-Year Contract With Top 20 Fund Administrator

LONDON (Alliance News) - StatPro Group PLC on Monday said it secured a three-year contract with a ...

Alliance News 20 May, 2019 | 2:05PM
Email Form

LONDON (Alliance News) - StatPro Group PLC on Monday said it secured a three-year contract with a top 20 Fund Administrator for Revolution, with a minimum value of GBP2.44 million.

Revolution is a cloud-based global provider of portfolio analytics solutions. It helps clients reduce costs, improve client communication and control investment decisions, StatPro explained.

The unnamed fund administrator currently uses Revolution to provide services to over 30 clients for performance, attribution and risk.

"This contract extension sees its renewed commitment to Revolution and future expansion of the services available on the Revolution platform, including fixed income risk and attribution," StatPro explained.

StatPro shares were trading 4.3% higher at 133.00 pence each.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

Email Form
Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
StatPro Group PLC 127.00 GBX 0.00 -
About Author Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.