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StatPro wins renewal from global asset manager

Last updated: 06:16 20 Nov 2014 GMT, First published: 07:16 20 Nov 2014 GMT

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A large, global asset manager has signed up for another five years to use StatPro Group's (LON:SOG) compliance solution, StatPro Composites.

"This five year contract renewal from such an important global client reinforces the confidence in our ability to continue to deliver a global GIPS [Global Investment Performance Standards] solution," said Justin Wheatley, chief executive of StatPro.

"It demonstrates the client's confidence in StatPro's technology road map and our next generation of performance management solutions," he added.

StatPro is shifting its services over to the Cloud, and recently reported increased revenues from its Cloud-based services in the first nine months of 2014.

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