About
Subscribe

UK firm wins software deal

Staff Writer
By Staff Writer, ITWeb
Johannesburg, 02 Nov 2006

UK-based analysis company StatPro won a contract to supply Sanlam Investment Management (SIM) with a fixed-income solution, it says.

SIM is the wholesale investment management arm of the Sanlam Group, and has over R300 billion in under management.

The company manages financial assets for institutional and corporate clients and offers investment strategies in vehicles ranging from collective investments to institutional portfolios.

A case study on StatPro's Web site indicates that SIM has already installed the UK company's Performance & Attribution offering.

The StatPro Group is a London-based global provider of portfolio analytics solutions for the management industry. It has over 250 clients in 25 countries, with offices in nine countries.

In 2005, it reported revenue of lb10.8 million, up from its 1999 figure of lb1.8 million. It was founded in 1994 to provide portfolio analytics for the financial sector.

Related story:
UK firm buys SA company

Share