StatPro joins Cloud Security Alliance

RNS Reach

27 April 2017

StatPro Group PLC

StatPro joins Cloud Security Alliance

StatPro Group plc, ("StatPro", AIM: SOG), the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has joined the Cloud Security Alliance (CSA), the world's leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment.

StatPro launched the industry's first cloud-based portfolio analytics platform in 2011. StatPro Revolution is now the leading cloud-based performance and risk analytics solution utilizing advanced cloud technologies with multiple providers in global locations.

Client data and information security is a critical component when offering a cloud-based service to the global investment management industry. Joining the Cloud Security Alliance will help maintain the Group's high levels of awareness and best practices in this area as well as providing an opportunity to work with other corporate members to help advance cloud security technologies.

Neil Smyth, Marketing and IT Director, commented:

"We look forward to being active members of the Cloud Security Alliance and continuing our commitment to best information security practices and sharing our knowledge and experience with the community.

"We and our clients place enormous importance on the confidentiality and integrity of data within the Revolution platform. Adding the CSA to our list of cloud security partners was the logical next step as we continue our cloud-based strategy."

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About StatPro

StatPro is a global provider of award winning portfolio analytics solutions for the investment community. The Group's cloud-based platform provides vital analysis of portfolio performance, attribution, risk and compliance. This multi-asset class analytics platform helps StatPro's clients increase assets under management, improve client service, meet tough regulations and reduce costs.

The Group's integrated and global data coverage includes over 3.2 million securities such as equities, bonds, mutual funds, FX rates, futures, options, OTCs, sector classifications and much else besides. StatPro also covers most families of benchmarks including MSCI, FTSE, Russell, NASDAQ and the open source Freedom Index.

StatPro has grown its Annualized Recurring Revenue from less than £1 million in 1999 to around £53 million following the acquisition of UBS Delta. The Group has operations in Europe, North America, South Africa, Asia and Australia, with hundreds of clients in 38 countries around the world. Approximately 80% of recurring revenues are generated outside the UK. StatPro Group plc shares are listed on AIM.

About the Cloud Security Alliance

The Cloud Security Alliance (CSA) is the world's leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, certification, events and products. CSA's activities, knowledge and extensive network benefit the entire community impacted by cloud - from providers and customers, to governments, entrepreneurs and the assurance industry - and provide a forum through which diverse parties can work together to create and maintain a trusted cloud ecosystem.

For further information, visit us at www.cloudsecurityalliance.org, and follow us on Twitter @cloudsa.