Linedata and StatPro join forces to provide cloud based portfolio performance analysis
29 October 2012
By Asia Asset Management
Global solutions provider Linedata and portfolio analytics and reporting services provider StatPro Group plc have announced a partnership which will allow Linedata to provide integrated portfolio analytics and reporting to the asset management community. This partnership validates Linedata’s commitment to providing all-inclusive solutions to fit clients’ business needs.
Linedata’s front office platform offers portfolio management, trading and compliance to serve the needs of traditional and alternative asset managers. With its strong dedication to buy side firms, Linedata offers advanced portfolio management tools and workflows, expanded execution tools and streamlined allocation tools. StatPro Revolution is a highly sophisticated cloud based portfolio analysis system which offers performance and visual analysis. Through this partnership with StatPro, Linedata has enhanced and complemented its advanced portfolio management tool kit with unsurpassed performance analytics.
As firms face increasing regulation and investor demands for transparency, it is essential to have the tools in place to address these complex market needs. Understanding portfolio performance and risk provides the edge necessary to secure growth in an increasingly competitive market. With added pressure to consolidate the number of applications they are supporting, firms will now exceed their front and middle office needs with the analytics tools combined in a hosted environment.
Through this partnership, clients of Linedata Longview and StatPro can easily view portfolio analytics using intuitive graphics powered by StatPro Revolution. The cloud based service combines sophisticated risk measurement, performance and contribution analysis and attribution analysis along with 21 different multi-language reports. Having this information in one place will not only reduce operating costs but enhances productivity and provides accurate, up-to-date performance analytics.
“We are in a time where markets continue to converge and firms face greater demand than ever for cost reduction but yet require more sophisticated tools to run their operations due to heightened investor and regulatory demand,” stated Justin Wheatley, group chief executive, StatPro. “The cost efficient technology solution, that StatPro Revolution and Linedata provide, satisfies the operational needs for buy-side firms and enables a sustainable advantage for future success.”
“Linedata identified StatPro as a critical partner to further expand our front office capabilities,” said Mike de Verteuil, group business development director at Linedata. “They are bringing a new level of portfolio analysis to the industry with their cloud solution and providing streamlined operations for consistency, transparency and compliance. Linedata’s commitment to innovation and investing in our solutions ensure our clients are securing a fully integrated front and middle office platform.”
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