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Web Site : http://www.statpro.com/

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Portfolio Analytics Solutions

StatPro was founded in 1994 to provide portfolio analytics for the financial sector. Today, StatPro offers a wide range of applications and reports based around the Data Hub that enables clients to automate and improve every aspect of their analysis needs. With over 200 clients in 25 countries, StatPro has a proven track record of meeting and exceeding the highest standards of its clients.
StatPro has offices in 8 countries and offers the highest standards of service and support in multiple languages. The secret of success lies in innovation and development and it spends in excess of 25% a year of its revenues on R&D.
Over the years StatPro has built up an impressive team of talented individuals who have all excelled in their chosen field of expertise. The collective experience of performance professionals, risk experts, fund managers, developers and business consultants gives StatPro a solid structure upon which to serve its clients and grow its business.


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StockMarketWire.com
StatPro Group has completed the First Closing of the acquisition, from UBS, of its risk and performance analytics service, UBS Delta, as announced on 7 April 2017.

An initial payment of €8.7m has been made, out of total cash consideration of about €13m, which woul be paid over three years.

UBS Delta would enable StatPro to extend its risk and performance analytics service from the middle office to the front office of asset managers.

The acquisition was phased over 3-5 years as StatPro incorporated UBS Delta's cloud-based functionality into its flagship product, StatPro Revolution.