StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry announces today that its recently acquired cloud-based risk analytics system, Investor Analytics, has been re-named StatPro Revolution Alpha as the integration within the Revolution platform takes shape.
New York based Investor Analytics was acquired by StatPro Group in January 2016. The addition has brought new analytics and risk models to StatPro’s global client base, including custom factor modelling capabilities, and the integration into the Revolution Platform is now well under way.
Market data integration progress means Revolution Alpha is already using StatPro’s centralized global equity data for all analyses. Progress continues with the Revolution Global Data project that will permit Revolution Alpha to natively accept holdings data from the Revolution platform, which is expected to be complete before the end of 2016. Front-end interface integration is also a priority and new releases in 2017 will bring further enhancements in areas such as single-sign-on and unified menus and analysis screens.
Damian Handzy, former CEO of Investor Analytics and now Global Head of Risk for StatPro comments “Integrating our risk functionality into StatPro Revolution is one of our key objectives because it continues our accelerating delivery of scalable cloud-based performance and risk in one unified product. This is precisely why StatPro acquired Investor Analytics.” He continued, “We are excited to re-brand our front-office focused module as Revolution Alpha because it reflects our clients’ increasing use of risk analysis in the investment decision process.”