The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Adepa Selects StatPro in Luxembourg First

Share article

StatPro Group, a provider of portfolio analysis and asset evaluation services for the global asset management industry, today announces that Adepa Asset Management in Luxembourg has signed a contract for components of Seven, StatPro’s new SaaS system aimed at performance and risk specialists in large asset managers.

Adepa is the leading Spanish provider in Luxembourg of asset management, fund administration and corporate services for investment funds addressed to institutional clients, professional investors and high net worth individuals around the world.

StatPro provides Adepa with portfolio compliance, risk and data management services, within a hosted environment. StatPro Seven combines zero IT footprint with full data management and automatic upgrades.

“This agreement is our first deal for StatPro Seven in Luxembourg and we are really excited about that,” said Justin Wheatley, StatPro Group’s CEO. “In a tough regulatory climate such as this, it is crucial for asset management companies to choose a scalable and reliable solution to help support growth in their business. A hosted solution such as StatPro Seven means that implementation is fast and cheap, and maintenance for the client is minimal.”

Carlos Alberto Morales, managing director at Adepa Asset Management and Alex Bardaji, head of risk and compliance at Adepa Asset Management: “StatPro was able to offer an impressive and cost-effective outsourced response to our problem, enabling us to concentrate on what we do best – managing portfolios and controlling risks. We are now benefiting from StatPro’s compliance, risk and data management components, which among other things will help us to meet the requirements of Ucits IV.”

Related content

WEBINAR

Recorded Webinar: How to Meet FATCA Requirements

A-Team Group recently held a webinar on the topic of How to Meet FATCA Requirements, discussing the data management challenges FATCA presents and suggests how firms can best meet the regulation’s requirements.

BLOG

COVID 19: Services Directory

As the coronavirus crisis extends into the medium to long-term, technology vendors and solutions providers are stepping up to the plate with a wide variety of services and support for clients to assist them through the data management challenges presented by the new operational and working environment. Below, you can find these collated into an...

EVENT

TradingTech Summit London

The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.

GUIDE

Directory of MiFID II Electronic Trading Venues 2018

The inaugural edition of A-Team Group’s Directory of MiFID II Electronic Trading Venues 2018 offers a guide to the European landscape resulting from new market structure introduced by the January 3, 2018 implementation of Markets in Financial Instruments Directive II (MiFID II). The directory provides detailed profiles of more than 70 venue operators and their...