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StatPro changes Tariff

Date: November 2, 2009

All StatPro Services now available at fraction of the price on SaaS.

At StatPro we are always trying to find ways to offer our clients better value for money. We have, we believe, a first class range of products covering Performance Measurement, Equity Attribution, Fixed Income Attribution and Risk. We also have a great reporting tool and we make life easy for our clients by providing a wide range of index feeds. The problem has been that to buy all of this is quite expensive using the traditional price per product approach. With our new Software as a Service (SaaS) platform which sits alongside our existing service we have decided we can offer all our services to all our clients on a per portfolio basis.

This means that clients can have Performance, Attribution, Risk, Reporting and Index feeds on a SaaS basis from just €75,000 per annum for up to 25 portfolios. For the smaller asset manager this is a real break through as they will be able to have the same quality of system but at a fraction of the price.

Read: New Insights for Asset Managers: How Technology Can Drive the Most Effective Middle Offices

 

Even for asset managers with many portfolios the SaaS tariff still represents outstanding value as the incremental cost flattens quickly the more portfolios you have, so even if you have 10,000 portfolios the service is less expensive. Also the service level improvements of using a SaaS platform are significant over the traditional approach of installing software on the client’s servers. Clients that have switched to our new SaaS platform have experienced very significant improvements in service. This is largely due to the fact that StatPro’s IT team are of course very familiar with our services, whereas the IT team of each client cannot be expected to know as much about our systems as we do.

So please feel free to call us to find out how we are improving service levels and reducing the total cost of acquisition for all our clients and how it can help you.

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