StatPro said Revolution is a cloud based portfolio analysis service offering performance, attribution, risk management and reporting for portfolio managers globally.
The Revolution was developed to address the industry’s priorities such as improving communication, transparency and distribution, whilst cutting costs.
FundBPO CEO Martin Smith said that StatPro Revolution gives the company access to the most sophisticated portfolio analysis and reporting.
"It enables our fund manager clients to see a complete picture of their portfolio asset allocation, risk performance and attribution on a daily basis.
"We have gone live with a domestic equity and an international equity portfolio and expect our clients will be able to produce a variety of reports with detailed analysis in a variety of formats on a daily basis. Revolution will give them timely decision support information and in turn give us some competitive advantage," Smith said.
