New Hong Kong Office Enables the Company to Capitalize on Market Growth Opportunities
LONDON--(BUSINESS WIRE)--StatPro Group plc, (AIM: SOG), a leading global provider of portfolio analytics and data valuation solutions, today announced an expansion of their operations into Asia. The new office located in Hong Kong will expand StatPro's global sales reach and provide localized support for the region. Laurent Laclaverie, StatPro Executive Director, will lead and execute the strategic expansion.
The announcement comes after a precipitous increase in demand for StatPro's portfolio analytics solutions, namely StatPro Revolution. StatPro Revolution is a cloud based portfolio analytics and reporting platform. Asset managers worldwide benefit from the enhanced transparency, always-on access and instant reporting that the solution provides. StatPro Revolution is available for $100 per portfolio per month.
"The Asian market is fertile ground for expansion," said Justin Wheatley StatPro Group CEO. "A dedicated presence in Asia will enable StatPro to better fulfill the market demand for scalable, robust portfolio analytics and reporting solutions. We look forward to providing the Asian asset management industry products that streamline their operations and provide the foundation for business growth."
StatPro's Hong Kong Office opened on October 1st, 2011. For more information about the office, contact Laurent Laclaverie at laurent.laclaverie@statpro.com.
About StatPro Group plc:
StatPro is a global provider of portfolio analysis, asset valuation and reporting solutions. StatPro offers a SaaS-based analytics and data platform to investment management companies and those who serve them providing sophisticated portfolio performance analysis, attribution, risk and GIPS® compliance. The company has leveraged 15 years of experience to develop and launch StatPro Revolution - a cloud based portfolio analytics solution that performs sophisticated analysis, reporting and distribution. Available anywhere, StatPro Revolution combines best of breed analysis with leading technology to create a powerful, cost-effective web based platform. StatPro has operations in Europe, North America, South Africa and Australia and now has more than 250 clients in 25 countries around the world. For more information on StatPro, please visit our website at http://www.statpro.com/
Contacts
StatPro Asia
Laurent Laclaverie, +852 3796 7065
laurent.laclaverie@statpro.com
or
Ascension Consulting
Russ Bryan
russ@ascensionconsulting.co.uk