The partnership will enable PCR to deliver high-end risk and market analytics as part of its private wealth reporting.
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Commenting on the move, Robin Williams, PCR’s Chief Product Officer said: "High net worth investors want insight into the value their advisors provide to them, and their advisors, of course, want to show it. Advisors will now have fast, transparent market and risk analytics integrated with their client reporting."
StatPro, which is a software as a service [SaaS] technology provider, delivers an alternative to installed, user centric and terminal-based front office analytics that don’t deliver what wealth managers need.
"StatPro Revolution is a completely new approach that stays true to wealth managers’ goals by giving them a tool for faster, more accurate, risk and performance analysis, in a cost-effective way. With less time spent on manual processes, they are freed to focus on managing their all-important client relationships," added Andrew Peddar, COO, StatPro.
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