StatPro Group, a provider of portfolio analytics solutions for the asset management industry, has forged a deal with NICE Pricing and Information (NICE P&I) for the South Korean market.
Under the agreement, NICE P&I will act as a referral partner in Korea for StatPro Group.
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The deal will provide asset managers and institutional investors in the Korea access to StatPro Revolution, a cloud-based portfolio analytics platform offering performance, attribution, compliance and risk analytics through NICE PI.
Additionally, the platform will also offer clients access to a solution that provides highly visual daily performance, risk, contribution, and attribution analysis, in one place.
The StatPro Revolution will allow asset managers to securely share their performance analysis to anyone across their network in a controlled, transparent, and user-friendly manner.
Youngha Han, managing director of NICE P&I, said: "Working together in the future we will be able to satisfy the needs of domestic and global investors by fully committing our expertise in bond pricing and asset management".
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By GlobalDataLaurent Laclaverie, managing director of StatPro Asia Pacific, said: "The partnership also tackles one of the traditional market data issue by providing a platform for distributing Korean indices to the clients of StatPro Revolution."
