StatPro, the provider of portfolio analytics services for the investment management and fund administration community, has been chosen by South Africa-based Momentum Investments for the distribution of fund performance analysis to new and existing customers.
Momentum Investments, which has more than R272 billion ($32 billion) assets under management at Dec. 31 2011, is an existing user of StatPros portfolio analytics and research services, StatPro Seven, and will now use StatPro Revolution to communicate the analysis.
This is the latest in a series of recent wins for StatPro Revolution since its launch in 2011. The tool focuses on the cloud-based provision of data on fund performance.
(JDC)