(Editor’s note: Global markets have returned to more volatile cycles and many industry observers predict that volatility will be the new norm as there are likely to be more corrections and turbulence to come as investors react to multiple shock waves. Some industry participants would say that this is an unfortunate circumstance while others see… Read More >>
FTF Awards Gala Q&A: Clouds Rise in 2016
(Neil Smyth, marketing and technology director at StatPro, reports that 2016 was a turning point for the acceptance of cloud computing. FTF News got time with Smyth to talk about StatPro Revolution and its wins as Best Performance and Attribution System via the 2017 FTF Technology Innovation Awards competition. Smyth oversees global marketing at StatPro… Read More >>
FTF Announces 2017 Award Winners
Financial Technologies Forum (FTF) has just announced the winners in its awards competition for post-trade securities operations, which turned out to include a nod to the emerging technology of blockchain/distributed ledger technology (DLT). Approved industry participants and a not a panel of judges selected the winners for the 2017 FTF News Technology Innovation Awards, reports… Read More >>
StatPro Boosts Front Office Foray via Acquisition
StatPro, a cloud-based portfolio analysis and asset-pricing services vendor, will be moving into the front office with the acquisition of the UBS Delta unit, which measures risk and performance across fixed income, commodities, equities and foreign exchange instruments. The acquisition price of €13 million [$13.8 million] is to be paid in cash over three years,… Read More >>
BISAM Acquisition Serves as a Milestone for Unifying Performance and Risk
Performance measurement vendor BISAM’s just announced acquisition of risk analytics specialist FinAnalytica is a response to growing demands among buy-side firms for a unified performance and risk approach, and industry observers are in agreement that the two disciplines are on a parallel and perhaps intersecting path. BISAM officials are not disclosing the financial arrangements for… Read More >>
StatPro Hires from BI-SAM
StatPro Group, a provider of portfolio analysis and asset pricing services for the asset management industry, reports that Dr. Ian Thompson has joined the company from BI-SAM, where he was executive regional director for Asia Pacific. At StatPro, Thompson, whose doctorate is in the field of auditory physiology, will become client integration director, with a… Read More >>