StatPro Group plc
StatPro Joins NASDAQ’s Elite Index Data Partner Program

DGAP-News: StatPro Group plc /

09.07.2014 / 14:00

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BOSTON, 2014-07-09 14:00 CEST (GLOBE NEWSWIRE) -- StatPro Group plc (LSE:SOG),
the AIM listed provider of cloud-based portfolio analytics for the global asset
management industry, today announced it has joined NASDAQ's Elite Index Data
Partner Program. This allows StatPro Revolution customers access to the
complete suite of more than 41,000 indexes offered by the NASDAQ Global Index
Family. Says Justin Wheatley, Group CEO of StatPro, 'We are excited to be
partnering with NASDAQ to supply their high quality indexes in StatPro
Revolution, our cloud based portfolio analytics service. For the first time,
asset managers of any size will be able to perform sophisticated attribution
analysis by buying index data on a per portfolio basis. For investors, the high
integrity of the NASDAQ brand means that they can be confident that any
comparison between a fund manager's portfolio and the NASDAQ indexes will be as
good, if not better, than any alternative index provider. For asset managers,
the combination of brand, quality and price point makes this an unbeatable
combination.' 

StatPro Revolution's App Store will feature the NASDAQ indexes, both on a
constituent and total level, and will allow clients the opportunity to buy
benchmark data on a per portfolio basis. By combining the power of StatPro
Revolution's cloud-based portfolio analytics and NASDAQ's high-quality low cost
benchmark data, asset managers will have access to deeper insights at a
significantly lower cost. 

Further, NASDAQ's Index Level Performance available in StatPro Revolution can
be redistributed by downstream clients in their own reports without the need
for a direct license or associated fees, enabling investor communications
without incurring additional fees for reporting rights, typically charged by
other benchmark providers. 

Says Oliver Albers, Vice President Sales for Index & Data at NASDAQ OMX,
'Partnering with StatPro Revolution to offer the NASDAQ Global Index Family is
an exciting opportunity for both companies that creates unsurpassed value for
the buy-side community. The combination of StatPro's cloud-based analytics
platform and NASDAQ's deep global index content enables investment managers of
all sizes to conduct sophisticated portfolio attribution analysis at an
affordable price.' 

About StatPro

StatPro is a global provider of portfolio analytics for the investment
community. Our cloud-based services provide vital analysis of portfolio
performance, attribution and risk. Hundreds of investment professionals use our
cloud services directly or through a fund administrator/partner to perform
sophisticated analysis, reporting and distribution every day. 

With 20 years of experience and expertise, we believe analytics should be
sophisticated yet simple and useful as well as secure. StatPro data coverage
includes global equities, global bonds, global mutual funds, most families of
benchmarks, FX rates, sector classifications and much else besides. 

StatPro has grown its recurring revenue from less than $1 million in 1999 to
around $50 million at 31 December 2013. StatPro floated on the main market of
the London Stock Exchange in May 2000 and transferred its listing to AIM in
June 2003. The Group has operations in Europe, North America, South Africa,
Asia and Australia and approximately 450 clients in 36 countries around the
world. Approximately 80% of recurring revenues are generated outside the UK. 


         CONTACT: StatPro contact
         Swati Bhoumick
         swati.bhoumick@statpro.com
News Source: NASDAQ OMX


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Language:    English            
Company:     StatPro Group plc  
 
 
             United Kingdom     
ISIN:        GB0006300213       
 
 
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