Justin Wheatley

J.P. Morgan’s Corporate and Investment Bank has partnered with the UK-based cloud-based portfolio analytics provider StatPro Group to develop and offer Risk and Performance Attribution capabilities for portfolio managers.

Samik Chandarana, Head of Data and Analytics at J.P. Morgan, commented, “We are excited to partner with StatPro, whose high-performance cloud-based technology, combined with our expertise in indices and analytics and our place in the market, will offer our clients a genuine alternative in portfolio analytics at a time of consolidation amongst other providers.”

The partnership is expected to provide J.P. Morgan’s clients with access to StatPro’s Portfolio Analytics platform- StatPro Revolution along with J.P. Morgan’s Fixed Income Benchmark thus assisting front office decision makers in effectively managing risks and performance. The partnership will provide StatPro’s services with a new channel partnership and create a one-stop shop for organisations.

Justin Wheatley, Group CEO at StatPro, commented, “Our selection by J.P. Morgan is undoubtedly due to our advanced technology as well as our extensive and deep functionality. At a time when fee pressure and increasing regulation is squeezing margins for asset managers, we believe the combination of J.P. Morgan’s data and analytics capabilities and our award-winning cloud-based, Revolution platform, will offer J.P. Morgan’s clients a consolidated service platform that will give them a competitive advantage.”

Established in 1994, StatPro is a provider of portfolio analytics solution for the investment community and offers an analysis of portfolio performance, attribution, risk and compliance.

by Megha Bhattacharya
Market Analyst at IBS Intelligence