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Meridian Fund Services and StatPro Announce Partnership

StatPro Group plc (AIM: SOG), a global leader in portfolio analytics solutions, today announced that fund administrator Meridian Fund Services has extended its offering to include StatPro Revolution, a sophisticated online portfolio analysis system.

This service will enable Meridian Fund Services’ clients to view daily performance, risk, contribution, and attribution analysis. It allows fund managers to view risk scenarios and see the impact at portfolio, sector- and security-level. StatPro Revolution enables them to create custom securities, classifications, and benchmarks and provides multi-language reports that can be exported to PDF and Excel. Using StatPro Revolution, fund managers can now share performance analysis in a transparent, visual, and user-friendly manner.

Justin Wheatley, Group CEO of StatPro says, “I am pleased to announce our strategic alliance with Meridian Fund Services. This offering will give Meridian fund clients greater transparency and understanding on portfolio performance, attribution and risk. Our cloud-based analytics is complete and compliant, and can be shared securely with clients and partners over the web.”

Fergus Healy, CEO of Meridian Fund Services, said, “Meridian is delighted to announce our partnership with StatPro. We’re excited to roll out this service offering in response to our clients’ and their investors’ demands for cost-effective portfolio and risk reporting solutions. In partnering with such a leader in analytics, we’re confident that we can offer our clients the top-quality transparency reporting they’re seeking, as well as the seamless integration of data from our systems to theirs. Meridian has always striven to be more than a NAV producer. We aim to deliver personalized and institutional-quality service and insight to our clients, and part of this value-add comes in the form of partnering with best-in-class vendors like StatPro.”