StatPro Group has entered into a three-and-a-half-year contract with a US-headquartered top ten global asset manager for a minimum value of £1.5m for its GIPS (Global Investment Performance Standards) Composites service. Whilst StatPro is focused on converting its clients of StatPro Seven to StatPro Revolution, StatPro Composites continues to be a world-leading solution for GIPS Composite regulations for asset managers. StatPro Composites is used by over 100 asset managers around the world, including seven of the top ten managers by value of assets. StatPro intends to add composite functionality to StatPro Revolution and meanwhile continues to develop StatPro Composites in line with market regulations and requirements.
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