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 […]
Technology provider StatPro has released an update of its Revolution cloud-based service for portfolio analysis, including decomposition of fixed income OTC derivatives.
Caceis, one of Europe’s biggest asset servicing, depositary and fund administration providers, has selected StatPro’s Revolution cloud based solution to run on a white labelled basis on its Olis web portal.
StatPro, the provider of analytical tools to the asset management industry, has announced upgrades to its cloud based Revolution software service.
IT firm Mereus has launched a service which aims to help asset managers quantify the value of their paid-for research to improve profitability and enhance returns.
Rigid cloud computing contracts are clashing with outsourcing rules in Europe’s Markets in Financial Instruments Directive (Mifid), making it difficult for financial institutions to use cloud services, unless the deal is big enough to drag a vendor to the negotiating table.
Managers at the Paris-based Diva Synergy Fund, which focuses on merger arbitrage strategy, expect M&A activity to extend its pick-up this year.
Although its services such as StatPro Revolution were not put offline by Sandy, the storm that hit North America, Neil Smyth, marketing and technology director said the difficulties that some web services have reportedly encountered may result in more due diligence by users of cloud services in future.
Justin Wheatley, CEO of software company StatPro, says that the days of financial company systems being dominated by multiple layers of bought in software applications and databases are definitely over.
Financial firms that move towards virtual or cloud environments while focusing on continuous improvements in the online experience of clients will have a business edge in future, according to a White Paper published by Bravura Solutions.
Neil Smyth, marketing and technology director at StatPro says that the industry has overcome its last remaining barrier to more widespread adoption of cloud based services – security – which has sparked a race away from internally implemented IT projects.
Advent Software, a provider of software and services for the global investment management industry, has launched a ‘cloud-enabled’, end-to-end platform for the front-, middle- and back-office of asset and wealth management enterprises.