Bringing you live news and features since 2006 

StatPro signs three-year contract with Canadian wealth business


StatPro Group, an AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has signed a three-year CAD6 million (GBP3.6 million) contract extension with a large Canadian wealth business for its Software as a Service (SaaS) version of StatPro Seven, including an uplift in contract value over the three-year period of CAD1.2 million (GBP0.7 million).

Whilst the group has been focusing on converting clients of StatPro Seven to StatPro Revolution, certain modules of StatPro Seven are not yet scheduled for conversion and are still being actively marketed as Software as a Service.
Approximately 74 per cent of the group’s software revenue is SaaS, including StatPro’s hosted and cloud-based solutions.
Justin Wheatley, group CEO, says: “This is a strong endorsement of our SaaS version of StatPro Seven and a testament to this product’s resilience. As clients look to consolidate suppliers, they want to work with companies that can offer not only a broad range of capabilities, but also the highest levels of service and efficiency.
“Our strategic objective is to ensure that our clients can get the most complete solution possible from StatPro across all their processes. By providing StatPro Seven as SaaS, we fulfil this aim.”

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by