Fund administrator Quintillion has extended its offering to provide its hedge fund clients with performance and risk analytics via cloud-based technology, for the first time.
In addition to reporting, the StatPro Revolution technology provides a view on where performance is coming from, what is detracting from it, and where the risks lie.
Joan Kehoe, CEO of Quintillion, says: “We chose StatPro Revolution because we recognised the growing demand for cloud-based solutions which offer our clients flexibility and efficiency benefits. Our clients require sophisticated technology in order to meet the demands of todays financial markets.
Kehoe adds: Our asset management clients do not want to spend valuable time on data integration. As their administrator we can ensure the relevant data is in StatPro Revolution, so they can analyze their performance. We look forward to our clients seeing the benefits of using StatPro Revolution.
The portfolio analytics and reporting platform has implemented 10 fund administration and custody clients since launch in March 2011, allowing these clients to white label StatPro technology within their own system.
(JDC)