27th Oct 2014 07:59
LONDON (Alliance News) - StatPro Group PLC on Monday said it has won a five-year contract with Prudential Investment Managers, the South African asset management arm of the UK's Prudential PLC.
Under the deal, on which StatPro did not provide any financial details, StatPro products are being rolled out for a number of funds managed by Prudential.
"StatPro Revolution's cloud-based interface allows users to interrogate and understand data that traditionally lay buried in rows of numbers, and is an extremely beneficial product to any asset manager seeking greater transparency on their performance numbers. StatPro's portfolio-based model will allow unlimited users to access and interrogate portfolio performance in a highly secure cloud environment," said StatPro Chief Executive Officer Justin Wheatley.
By Sam Unsted; [email protected]; @SamUAtAlliance
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