StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, today announces the appointment of Will Entwistle, as North American Sales Director and Group Executive Board member at StatPro.
Will is joining StatPro with a wealth of knowledge in the financial services software industry and is bringing with him over 20 years of experience in leading software and data solution sales teams in North America. Having worked at IBM, NorthStar, IDC, SS&C and others, we are delighted to welcome Will to the business.
“As asset management firms look to refocus their core business operations, Revolution's capability of being the only fully integrated performance and risk cloud-based platform, is unparalleled and evident in the market. I am excited to join the StatPro team and lead the effort to deliver that value to the North American market.” - Will Entwistle, North American Sales Director, StatPro.
“The North American market is a strategic market for StatPro and given its size and potential opportunity, we have looked for someone of the highest caliber and experience to fulfill this mandate. We are therefore very pleased to have recruited Will, to this role.” - Andrew Peddar, Group Chief Operating Officer, 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, NASDAQ and the open source Freedom Index.
StatPro has grown its Annualized Recurring Revenue from less than £1 million in 1999 to around £53 million today. The Group has operations in Europe, North America, South Africa, Asia and Australia, with hundreds of clients in 39 countries around the world. Approximately 80% of recurring revenues are generated outside the UK. StatPro Group plc shares are listed on AIM.