News
Infovest poised for European growth on back of successful implementation for Italian enterprise
An Infovest StatPro implementation is giving an Italian securities services and bank payment services firm a competitive edge, and driving European interest in StatPro’s SPC solution. Infovest Consulting, part of the StatPro Group of Companies and a leading provider of investment data management, compliance, regulatory and client reporting solutions, is poised for further European growth following a successful implementation at a European market leader in securities services and bank payment services.
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 – Continued increase in profitability as cloud services continue to grow strongly
StatPro Group plc, (AIM: SOG, “StatPro”, “the Group”), a leading provider of portfolio analysis and asset pricing services for the global asset management industry, has published its interim results for the six months ended 30 June 2019.
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.