Leading Canadian Investment Firm Enhances Operational Excellence with StatPro Revolution

BOSTON--(BUSINESS WIRE)--StatPro Group plc (AIM: SOG), a global leader in portfolio analytics services, today announced that Canoe Financial has chosen to integrate StatPro Revolution alongside StatPro Portfolio Management (SPM). Together, these solutions will integrate to provide Canoe Financial with the portfolio accounting and performance reporting capabilities to support operational best practices. Canoe Financial is one of Canada’s fastest growing investment fund companies, managing approximately $ 1.8 billion CAD in assets through its investment products.

“Our goal is to provide exceptional service and quality products in order to achieve sustainable growth and deliver superior returns for our clients”

StatPro Revolution is a cloud based portfolio performance, attribution, risk and reporting platform. StatPro Portfolio Management is a portfolio accounting system that supports trade decisions, execution record keeping, and NAV calculation. Easily accessible to fund managers and support teams through a web-based interface, the solutions will bring greater transparency to transactions and investment strategies by providing financial return calculations, performance, attribution and reporting.

“Our goal is to provide exceptional service and quality products in order to achieve sustainable growth and deliver superior returns for our clients,” said Nevin G. Markwart, President & CEO, Canoe Financial We cannot achieve this without being 100% confident in the solutions analyzing our instruments. Using StatPro Portfolio Management and StatPro Revolution together will provide Canoe Financial with a comprehensive top down and bottom up analysis of portfolio performance. The data is clean and consistent no matter how we slice it. StatPro will be providing value-add to our business.”

“We work very hard to ensure that our products speak the same language and that our clients have a seamless integration,” states Andrew Peddar CEO, StatPro North America. “We are very pleased that our solutions are able to help Canoe Financial better understand the risk and opportunity in their funds as well as easily prepare reports for clients and regulatory reviews.”

Learn more about StatPro’s services. Visit www.statpro.com/revolution.

About Canoe Financial:

Canoe Financial is an investment management firm focused on building financial wealth for Canadians through investing in Canada. Its ‘GO CANADA!’ investment thesis reflects Canoe’s strategic confidence in Canada as a place to invest. With continued global urbanization, increasing worldwide demand for resources, and Canada’s sound fiscal structure, Canoe believes this country provides long-term growth potential for investors.

Canoe Financial is one of Canada’s fastest-growing investment fund companies, currently managing approximately $1.6 billion in assets through its investment products. To learn more about Canoe Financial, visit www.canoefinancial.com.

About StatPro:

StatPro is a global provider of portfolio analytics for the investment community. Our cloud based services provide vital analysis of portfolio performance, attribution and risk for hundreds of fund managers, RIAs, CEOs, heads of risk, sales directors, marketing managers and authorized corporate directors. They are now using our cloud services and software products to perform sophisticated analysis, reporting and distribution every day.

With 18 years of experience and expertise, we believe analytics should be sophisticated yet simple and useful as well as secure. StatPro data coverage includes global equities, global bonds, global mutual funds, most families of benchmarks, FX rates, sector classifications and much more.

StatPro has grown its recurring revenue from less than £1 million in 1999 to £30 million at end June 2012 and currently enjoys a renewal rate of approximately 94%. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. The Group has operations in Europe, North America, South Africa, Asia and Australia and around 350 clients in 28 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.