Northern Trust Implements StatPro’s Revolution

The asset management firm will enhance its regulatory risk reporting capabilities by deploying cloud-based technology from StatPro’s analytics platform.

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The firm says the solution will improve its performance, functionality and flexibility.

Ian Castledine, global head of investment risk and analytical services product management at Northern Trust, said in a statement that Revolution will better support the increasing risk-based regulatory demands.

“Our range of best-of-breed risk reporting tools provide support for the Value-at-Risk (VaR) approach for UCITS. This helps asset managers demonstrate a commitment to risk management expertise and fu