StatPro Group is integrating Interactive Datas fixed-income evaluations data into StatPro Revolution, its cloud-based portfolio analysis platform.
With the Interactive Data, StatPro are able to access evaluated prices for approximately 2.8 million fixed-income securities, including investment-grade and high-yield corporate and sovereign securities, securitized securities and U.S. municipal securities.
The pricing data is available online in the StatPro Revolution App Store for a portfolio-based fee and can be incorporated into any existing portfolio within StatPro Revolution.
This partnership with Interactive Data allows us to dramatically increase the data coverage we offer in StatPro Revolution, says StatPro CEO Justin Wheatle. Its exciting to see such a large data vendor embrace per portfolio pricing through an online platform. Being able to offer Interactive Data fixed income evaluated prices to clients through the StatPro Revolution App Store means they can get what they want all in one place.
Anthony Belcher, director of EMEA Pricing and Reference Data at Interactive Data, adds: Increased demand for transparency from portfolio reporting and new accounting standards are driving demand for high quality, fixed income evaluations to better manage portfolios and the valuation process. Through this agreement, StatPros asset management clients can now quickly and easily access a broad range of Interactive Datas fixed income evaluation data that is used by thousands of financial institutions globally.
(CG)