StatPro Group Aligns Company for Future Growth in Asia

“New Hong Kong office enables the Company to capitalize on market growth opportunities ”

London, UK (October 31st, 2011) – 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
StatPro is a leading provider of portfolio analysis and asset valuation services for the global asset management industry. The company sells a SaaS-based analytics and data platform on a rental basis to investment management companies allowing them to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides market data and valuation feeds including a Complex Asset Pricing service. For more information on StatPro, please visit our website at http://www.statpro.com/

Author - Lynsey Calver

Tags - portfolio analytics, investment, asset valuation, risk management, asset pricing

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