Sydney
31 July 2017
Reporter: Jenna Lomax

FundBPO to continue using StatPro Revolution


Australian fund administrator FundBPO has signed a three-year contract extension with StatPro Group.

FundBPO, whose assets under administration stand at AUD 114 billion (USD 90.86 billion) globally, will continue to make use of StatPro Revolution to address the performance measurement and risk analytics needs of its clients. The new agreement also includes an extension of consulting and increased portfolio coverage.

The renewal of the mandate with StatPro Group comes in response to increasing demand for FundBPO’s middle-office services.

FundBPO CEO Martin Smith commented: “Our business is built on strong operational processes and technology platforms and we partner with specialist vendors such as StatPro Group to develop the applications we need to support our operations.”

StatPro CEO Justin Wheatley added: “We have worked with FundBPO for many years and seen their tremendous growth. FundBPO is now in a position to adopt StatPro Revolution, which is fast becoming the de facto solution for fund administrators. This enables reduced turnaround time to clients by using StatPro Group’s highly scalable performance and risk service.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
BNY Mellon sees asset servicing fees growth
18 January 2018 | New York | Reporter: Zsuzsa Szabo
BNY Mellon’s asset servicing fees increased 6 percent year-over-year
AxiomSL hires new EMEA head
18 January 2018 | London | Reporter: Jenna Lomax
Ward will be responsible for developing strategic global relationships
MetLife selects HSBC for custody services
18 January 2018 | Hong Kong | Reporter: Becky Butcher
HSBC Securities Services has been selected as custodian for MetLife across three key markets in Asia
Societe Generale Securities Services and OFI Asset Management have executed the first transactions via the IZNES platform on the Paris market
BBH to provide fund services for DSBI
17 January 2018 | Hong Kong | Reporter: Jenna Lomax
Brown Brothers Harriman & Co will provide custody and fund administration services to Daiwa SB Investments’ (DSBI) first Hong-Kong domiciled fund, the Japan high dividend stocks fund
Standard Chartered hires Lisa Robins
17 January 2018 | Singapore | Reporter: Becky Butcher
Standard Chartered Bank has named Lisa Robins as the new global head of transaction banking, effective 19 February
Murex’s MX.3 goes live at Nationwide
17 January 2018 | London | Reporter: Jenna Lomax
Murex's MX.3 front-to-back risk platform has gone live for Nationwide Building Society's treasury business
More news