StatPro Adds New Module to its StatPro Revolution Platform

A view of the City of London
Wimbledon-based StatPro has added a new function to its cloud-based Revolution platform.

Using a traffic light-approach to identify early warnings and breaches, the module enables risk managers to monitor liquidity risks and produce reports by condusting stress-tests using StatPro's VaR model.

"The new UCITS risk-monitoring module is a breakthrough for fund managers that need to be UCITS IV compliant," says StatPro Group CEO, Justin Wheatley. "Previously UCITS risk monitoring was very complicated and expensive."

The tool is available online in the StatPro Revolution App Store for a portfolio-based fee.

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