StatPro joins forces with Interactive Data 20 March 2013London Reporter: Jenna Jones
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StatPro has integrated Interactive Data’s fixed income evaluation data into its cloud-based portfolio analysis platform, StatPro Revolution.
The new partnership will enable StatPro’s clients access to evaluated prices for approximately 2.8 million fixed income securities including investment grade and high yield corporate and sovereign securities.
The new integrated service is available online in the StatPro Revolution app store for a portfolio based fee.
Justin Wheatley, CEO of StatPro, commented: “This partnership with Interactive Data allows us to dramatically increase the data coverage we offer in StatPro Revolution. It’s exciting to see such a large data vendor embrace per portfolio pricing through an online platform.”
Anthony Belcher, director of EMEA pricing and reference data at Interactive Data, said: “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, StatPro’s asset management clients can now quickly and easily access a broad range of Interactive Data’s fixed income evaluation data that is used by thousands of financial institutions globally.”
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