Investment banking giant JPMorgan and vendor StatPro Group have announced a partnership that will combine the bank’s indices and analytics with the StatPro Revolution portfolio analytics platform, resulting in a consolidated performance measurement solution for the bank’s clients. The ultimate goal of the collaboration is to help front-office staff better manage portfolio risk and performance… Read More >>
Bakkt Secures $182 Million in Funding
Twelve Major Investors Fund BAKKT’s Future Crypto-currency platform startup Bakkt has completed its first round of funding of $182.5 million “from 12 partners and investors who, like us, believe in the future of digital assets,” says Kelly Loeffler, Bakkt CEO, in a recent blog posting on the company’s website. “The partners and investors in… Read More >>
Performance Teams Face Manual & IT Barriers: Q&A
(FTF News recently got time with Justin Wheatley, group chief executive for StatPro, which won the Best Performance Measurement System honor of the FTF News Technology Innovation Awards for 2018. Wheatley’s career got its start in 1989 when he was a salesman with Micropal, an independent information provider covering mutual funds. By 1994, Wheatley founded… Read More >>
StatPro Acquires Risk Services Unit to Bolster ‘Revolution’
Performance measurement vendor StatPro has acquired for an undisclosed sum the regulatory risk services bureau from Franco-German financial services group ODDO BHF in an effort to satisfy asset managers that increasingly want to outsource reporting and regulatory tasks. The cash acquisition was signed June 29 and took effect July 2, a StatPro official tells FTF… Read More >>
ACA Compliance Group to Acquire Cordium
Acquisition to Expand ACA’s Services in Europe ACA Compliance Group reports that it will acquire Cordium, a provider of governance, risk and compliance (GRC) services. ACA, a provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity, expects the transaction to close this summer, subject to regulatory approvals…. Read More >>
