News
StatPro Revolution celebrates second win for Best Buy-Side Performance Measurement and Attribution award at WatersTechnology 2019 Buy-Side Technology Awards
StatPro Revolution, global provider of award-winning portfolio analytics solutions and part of Confluence, today announced that Revolution has won the award for Best Buy-Side Performance Measurement and Attribution Solution at the prestigious Buy-Side Technology awards hosted by WatersTechnology for the second year in a row.
Confluence Acquires StatPro, Global Portfolio Analytics Solution and Data Provider
Pittsburgh, PA and London, October 29, 2019 – Confluence Technologies, a global leader in investment data management automation for regulatory, financial and investor reporting, announced today that it has acquired StatPro Group plc (StatPro), a highly respected global provider of cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management service providers.
Carl Bacon receives the CFA Institute Award for Leadership in Professional Ethics and Standards of Investment
On the 11th September 2019, at this year’s GIPS® Annual Conference in Scottsdale, Arizona, Carl Bacon CIPM, Chief Advisor at StatPro Group was honored by the CFA Institute Board of Governors for his exemplary contribution to the investment profession.
StatPro Revolution wins award for Best Risk Management System at the 2019 HFM European Technology Awards
StatPro Revolution, the cloud-based global provider of portfolio analytics solutions to the global asset management industry has won the award for best risk management system at the 2019 HFM European Technology Awards.
Confluence Inc to buy StatPro Group plc
The boards of directors of Confluence and StatPro are pleased to announce they have reached agreement on the terms of a recommended all cash offer pursuant to which Bidco will acquire the entire issued and to be issued ordinary share capital of StatPro (the “Acquisition”).
StatPro Group PLC – Completion of ESG research and index business acquisition
StatPro Group plc (AIM:SOG, “StatPro”, “the Group”), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, announces that it has completed the acquisition of the environmental, social and governance (“ESG”) research and index business unit (“ECPI”) from ECPI Group Srl. as announced on 12 June 2019. As a result, the initial cash consideration of €0.9 million (£0.8 million) was paid from existing debt facilities.
StatPro Group PLC – £1.5m Revolution conversion with 77% lift in annual subscription
StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has secured a conversion from its legacy StatPro Seven software to its cloud-based StatPro Revolution service with a large insurance company. This has resulted in a three-year contract with a minimum value of £1.5 million. This represents a 77% increase in annual subscription.
J.P. Morgan partners with StatPro to develop a multi-asset portfolio analytics solution for asset managers
StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, and J.P. Morgan Corporate & Investment Bank (NYSE: JPM) have today announced a strategic partnership with an initial term of five years between J.P. Morgan’s Data and Analytics business and StatPro to develop Risk and Performance Attribution capabilities for portfolio managers through J.P. Morgan’s flagship data and analytics platform.
StatPro Group PLC – StatPro acquires ESG research and index business
StatPro Group plc (AIM:SOG, “StatPro”, “the Group”), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, has acquired the environmental, social and governance (“ESG”) research and index business unit (“ECPI”) from ECPI Group Srl for a total estimated consideration (included deferred contingent consideration) of €2.9 million (£2.6 million) in cash.