Nearly every enterprise is evaluating cloud computing solutions either today or in the near term. Many have already made the leap, and many more are getting close to putting that first toe in the water. But there are key considerations that should be made, questions to be asked, and designs to consider before you can feel secure with your provider.
In his session at the 10th International Cloud Expo, David Gulick, Product Manager, Hosting Product Management at Savvis, will help give you food f...| By Business Wire | Article Rating: |
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| February 16, 2012 10:00 AM EST | Reads: |
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StatPro Inc. (AIM: SOG), a leading global provider of portfolio analytics and data valuation solutions, has seen increased demand for StatPro Revolution from private wealth managers and RIAs. The company reported that the two market segments together account for over 60% of StatPro Revolution’s client base in North America.
StatPro Revolution is a cloud based portfolio analytics and reporting platform that enables money managers always-on access to the granular drivers affecting their clients’ portfolio performance. In addition to incorporating institutional grade portfolio analytics, the platform also provides money managers with the means to distribute reports internally and externally, making communication with clients, prospects and employees easier than ever. Private wealth managers and RIAs have benefitted from the wealth of functionality, specifically access to risk metrics like portfolio stress-testing and Value at Risk calculations that the platform provides.
StatPro Revolution client, PlanStrong Investments, recently cited 15% growth in AUM over a 3 month period as a result of using StatPro Revolution to help sell their service. “With StatPro Revolution, our prospective clients have an easy to digest visual ‘test-drive’ of our investment solutions and strategies. The reports include vital information about distributions, re-investments and accurately calculate several metrics over a custom timeframe,” quotes Sr. Investment Analyst, Alex Bender.
“Using StatPro Revolution has profoundly changed the way that I’m able to run my business,” says Robert Regan, Jr. Managing Principal of Regan Investments, a Minnesota based RIA. “I think the convenience of having all of the data at our fingertips from anywhere in the world is a huge reassurance for us. I can be anywhere and have the ability to look at our clients’ portfolio performance and provide updates based on their request. I no longer have to spend hours computing Sharpe and Sortino ratios. The operational savings is an enormous bonus of the technology.”
The heightened market volatility since 2008 has had a tremendous impact on the investor/money manager relationship. Not only are money managers looking for investment vehicles that will generate positive returns for their clients but also access to the analytic tools that will provide them with the ability to assess the probability of future losses.
“Analytical and reporting tools play a vital role in the success of private wealth managers and RIAs,” says Andrew Peddar, CEO of StatPro North America. “StatPro Revolution fills a huge hole in the market for the type of analytics (like risk, attribution, contribution and stress testing) that were once prohibitively expensive. Our clients have learned quickly how to leverage the information that our product provides and distribute it to their advantage. We look forward to serving these markets with continuous innovation and at an affordable price.”
In order to fuel continued growth in the RIA market, StatPro will announce a new pricing structure for RIAs in the next few weeks. The product is currently available for $100 per portfolio/month.
StatPro is a Platinum Sponsor of the T3 conference in Dallas on February 16 – 18th at the Hilton Anatole Hotel. Here the company will provide attendees live demonstrations of StatPro Revolution at booth 405/407. Visitors can sign up for a free trial at the booth or online at www.statpro.com/revolution
About StatPro:
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/.
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Published February 16, 2012 Reads 202
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Nearly every enterprise is evaluating cloud computing solutions either today or in the near term. Many have already made the leap, and many more are getting close to putting that first toe in the water. But there are key considerations that should be made, questions to be asked, and designs to consider before you can feel secure with your provider.
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With Cloud Expo 2012 New York (10th Cloud Expo) now under four weeks away, what better time to introduce you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference...
We have technical and strategy sessions for you dealing with every nook and cranny of Cloud Computing, but what of those who are presenting? Who are they, where do they work, what else have they written and/or said about the Cloud that is t...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in high-performance, high-efficiency server technology and green computing, will exhibit at SYS-CON's 10th International Cloud Expo, which will take place on June 11–14, 2012, at the Javits Center in New York City, New York.
Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions for Embedded Systems, E...
SYS-CON Events announced today that ScaleMP, a leading provider of virtualization solutions for high-end computing, will exhibit at SYS-CON's 10th International Cloud Expo, which will take place on June 11–14, 2012, at the Javits Center in New York City, New York.
ScaleMP is the leader in virtualization for high-end computing, providing maximum performance and lower total cost of ownership (TCO). The innovative Versatile SMP (vSMP) architecture aggregates multiple independent systems into a sin...
Come learn real-world examples where cloud and mobile are changing the way business works and the impact they're having on efficiency and productivity.
In his session at the 10th International Cloud Expo, Rodrigo Coutinho Senior Product Marketing Manager at OutSystems, will look at how mobile and the cloud are interwoven and the wave of change these two 2012 megatrends will bring to your organization. He will also provide a roadmap to assure you can navigate this sea change for business succes...
Enterprise IT organizations want to deploy a virtualized data center fabric that will provide the foundation for agile private cloud computing. Getting there does not have to be difficult, but it does require a new approach to data center infrastructure design – an approach that is non-disruptive, vendor-agnostic, and very adaptable to changing business requirements.
In his session at the 10th International Cloud Expo, Bruce Fingles, Chief Information Officer and VP of Product Quality at Xsigo...
With Cloud Expo 2012 New York (10th Cloud Expo) now under four weeks away, what better time to introduce you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference...
With Cloud Expo 2012 New York (10th Cloud Expo) now under four weeks away, what better time to introduce you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference...
With Cloud Expo 2012 New York (10th Cloud Expo) now under four weeks away, what better time to introduce you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference...
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