StatPro Group has joined NASDAQ’s elite index data partner program.
The index will give customers of StatPro Revolution, StatPro’s cloud based portfolio analysis service, access to the complete suite of more than 41,000 indexes offered by NASDAQ.
The StatPro Revolution app store will feature the NASDAQ indexes to allow clients the opportunity to buy benchmark data on a per portfolio basis at a lower cost.
Justin Wheatley, CEO of StatPro, said they are “excited” to be partnering with NASDAQ.
He added: “For the first time, asset managers of any size will be able to perform sophisticated attribution analysis by buying index data on a per portfolio basis.”
“For investors, the high integrity of the NASDAQ brand means that they can be confident that any comparison between a fund manager's portfolio and the NASDAQ indexes will be as good, if not better, than any alternative index provider. For asset managers, the combination of brand, quality and price point makes this an unbeatable combination."
Oliver Albers, vice president of sales for index and data at NASDAQ, said: “Partnering with StatPro Revolution to offer the NASDAQ Global Index Family is an exciting opportunity for both companies that creates unsurpassed value for the buy-side community.”
“The combination of StatPro’s cloud-based analytics platform and NASDAQ’s deep global index content enables investment managers of all sizes to conduct sophisticated portfolio attribution analysis at an affordable price.”
