Two year extension for StatPro Group

StatPro Group plc  has secured a two-year contract extension with a large European asset manager for its Delta service, worth £1.5m.

This existing client is extending as well as increasing its commitment to use the platform for ongoing risk analytics, in both the front and middle office, primarily across fixed income assets.

Justin Wheatley, Group CEO, commented: “This contract extension, with an important client, underlines the quality of the recently acquired Delta service which offers unprecedented price accuracy and flexibility for our fixed income clients. 

 “We are making rapid progress with our plans to reach functional parity between Delta and our flagship StatPro Revolution platform.