AIM-listed software firm StatPro Group in £2.35m contract win

Software company StatPro Group plc has signed a new multi-million pound deal with one of its UK investment manager clients.

The AIM-listed provider of cloud-based portfolio analytics services, based in Wimbledon, said the three-year contract extension has a minimum value of £2.35m.

The agreement was announced this morning (January 8).

Group CEO Justin Wheatley said: “The investment manager uses Revolution Delta to manage multi-asset risk and fixed income investments.

“The precision of the fixed income pricing as well as the broad functionality of the service make Revolution Delta the ideal solution for their front office.”

He continued: “This significant contract extension underlines the quality of the Revolution Delta product for customers operating in the fixed income markets and is a confirmation of our capability to provide Revolution Delta clients continuity of service from within our Revolution platform.”

It follows StatPro’s acquisition of ODDO BHF’s regulatory risk services bureau in July last year – a deal that added a full managed service for regulatory risk reporting to the firm’s Revolution platform.

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