StatPro Group plc (AIM: SOG), the AIM listed provider of portfolio analysis and asset pricing services for the global asset management industry, announced today that Valletta Fund Services, the largest fund administrator in the Maltese market, has extended it's offering to include StatPro Revolution, a sophisticated cloud-based risk and analytics platform.
Along with daily performance, contribution and attribution analysis, Valletta Fund Services' clients will gain access to StatPro Revolution's award winning risk limits monitoring to manage UCITS and AIFMD regulated funds and a complete suite of risk models including historical risk simulation VaR, Monte-Carlo, Variance/Co-variance (parametric) VaR, Factor-based risk analytics and comprehensive sensitivity analysis.
Joseph M Camilleri, Chief Officer at Valletta Fund Services stated that the company's extensive service offering will be enhanced further through this useful tool. "VFS's leading position in the marketplace in Malta has been driven by its on-going innovation, by ensuring that it identifies those areas that our investment management client base is seeking to address in the most effective and efficient manner. Increasingly investment managers are outsourcing functions to external parties, and it is VFS' mission to ensure that such support services are provided by it. This alliance with StatPro falls squarely within this mindset aimed at providing investment managers with a useful and professional tool that assists them in their Risk Management decisions."
Paolo Orlandi, Head of Business Development at StatPro said "The partnership with Valletta Fund Services means that their clients can now gain access to our flagship portfolio analytics, with no implementation effort. Malta's investment industry is growing rapidly and interpreting the regulatory landscape in the right way is important. With StatPro Revolution, Valletta Fund Services can now satisfy the increasing demand of portfolio analytics and risk management. The cloud-based platform offers a complete and cost effective risk solution, ready to respond rapidly to changing regulation and broadens the range of sophisticated analytics available to our clients."
Source - Globenewswire