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StatPro Wins GBP2.3 Million Deal With Australian Financial Group

Mon, 06th Jun 2016 06:22

LONDON (Alliance News) - StatPro Group PLC on Monday said it has secured a three-year GBP2.3 million contract with an unnamed large Australian financial institution.

StatPro, which provides portfolio analysis and asset-pricing services to the asset management industry, said it will supply its Revolution performance measurement platform to the customer, which will use the StatPro cloud technology to replace it existing legacy system.

"This significant contract win in Australia is a strong vote of confidence in our soon to be launched Revolution Performance. This follows an intensive review of the platform capabilities by our client," said StatPro Chief Executive Justin Wheatley.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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