StatPro releases latest Revolution update

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IT provider StatPro has announced Version 62 of its Revolution cloud based solution for users in the asset management area, which it says has added additional data, administration and NAV facilities.

The solution now offers market values based holdings data for portfolios alongside quantity based holdings data and security weights and returns. The facility also enables switching from existing data models to preserve historical performance.

Administration tool changes include new import processes, data validation methods, and a data controls mechanism to investigate and trace data issues

Multiple NAV series into single portfolios is now possible, with StatPro saying that this provides flexibility for those portfolios containing multiple share classes.

Looking forward, the IT provider said that its work in recent months on preparing its system for additional risk analysis functionality will “allow us to accelerate the development of advanced risk analytics including relative risk and risk factor decomposition during 2015.”

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