Subscribe today and receive our latest industry updates and articles.


StatPro maintains momentum

14 January 2019
StatPro maintains momentum
StatPro Group plc, the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, capped off 2018 with: a new strategic partnership with Broadridge, the global Fintech leader; the acquisition of ODDO BHF, the regulatory risk services bureau; three new senior executive hires; and multiple industry accolades recognising our flagship platform, Revolution, as a leading solution to the asset management industry.
During the course of the year StatPro signed 20 clients in eight different countries for contracts greater than $100k per annum, underscoring the momentum we are building across the industry.
Justin Wheatley, CEO of StatPro commented:
“Our 2018 partnership with Broadridge reaffirmed our role as a leader in the performance and risk analytics space.
“Our portfolio technology and services will continue to drive the transformation within the asset management industry as asset managers switch to outsourcing to reduce costs and leverage the scale of asset manager service providers. Our technology empowers asset managers to do more for their clients, more efficiently.
“Going into 2019, we are very well positioned strategically to continue delivering transformative products and exceptional service; adding to our existing managed services offering and providing our customers with best-in-class solutions.”

Acquisitions & partnerships

StatPro’s major accomplishment was its new partnership with BroadridgeThe financial services data and analytics solutions provider is incorporating our cloud-based, comprehensive analytics for alternative and traditional asset managers working to meet an increased demand for performance measurement, attribution and risk analytics.
StatPro also acquired the regulatory risk services bureau from ODDO BHF, an independent Franco-German financial group. The acquisition adds a full, managed service for regulatory risk reporting capability, which will use our existing Revolution platform, thus expanding the service delivery options for our clients.
The 20 new sales to new and existing clients, representing multi-million dollar subscriptions across all markets where we operate continues to provide us with considerable momentum. Clients need to upgrade their technology to efficient cloud-based solutions that will enable their digital strategies so that they may remain competitive.

Executive hires

StatPro continued to invest in senior executive talent. Former Morningstar Executive, Gordon Bloor, joined as CEO for Source: StatPro, and Nico Coetzee was appointed as North American Sales Director and Director of StatPro Canada for the Toronto office. We also hired UBS veteran, Clinton Moseley to head up our internal operations.

New division structure

Following from the new hires, StatPro signalled to the market last spring that it would be structured into three new divisions from the beginning of 2019 – ‘Revolution’ for analytics, ‘Source: StatPro’ for data services, and ‘Infovest’ for integration and data management services. The structure will make operations of the business clearer, provide distinct divisional management focus and drive more growth.

Industry accolades

StatPro Revolution reaffirmed its place as an industry leading performance and risk technology platform by winning numerous awards in 2018 from Waters Technology, Financial Technology Forum and Hedge Fund Management.
Here’s the full list:



StatPro Group plc
Justin Wheatley, Chief Executive +44 (0)20 8410 9876
Michelle Earp, Global Head of Marketing +44 (0)20 8410 8728

About StatPro
StatPro is a global provider of award-winning portfolio analytics solutions for the investment community. The Group’s cloud-based platform provides vital analysis of portfolio performance, attribution, risk and compliance. This multi-asset class analytics platform helps StatPro’s clients increase assets under management, improve client service, meet tough regulations and reduce costs.
The Group’s integrated and global data coverage includes over 3.2 million securities such as equities, bonds, mutual funds, FX rates, futures, options, OTCs, sector classifications and much else besides. StatPro also covers most families of benchmarks including MSCI, FTSE, Russell, and NASDAQ.
The Group has operations in Europe, North America, South Africa, Asia and Australia, with hundreds of clients in 39 countries around the world.
StatPro has grown its Annualised Recurring Revenue from less than £1 million in 1999 to around £55 million at the end of September 2018. Around 80% of recurring revenues are generated outside the UK. StatPro Group plc shares are listed on AIM.

Statpro maintains momentum