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

A-Team Insight Blogs

Major Australian Superannuation Fund selects StatPro Seven

StatPro Group, a leading provider of portfolio analytics and data solutions for the global asset management industry, today announces that Brisbane-based superannuation fund QSuper, has completed the implementation of StatPro Seven’s performance and attribution SaaS platform.

This is part of QSuper’s three-year strategic plan to improve its in-house investment capability and performance analytics solutions, in order to take a larger role in managing how QSuper’s members’ funds are invested.

The 90-year old fund, which is for current and former Queensland government workers and their spouses, has more than 535,000 members and over $32 billion in funds under management. It is rated among the top 300 pension funds in the world and was awarded “Super Ratings” 5 Year Platinum Performance for the period 2006 – 2011.

QSuper’s CFO, Michael Cottier commented: “We’re constantly looking at ways to improve the products and services we offer. A key element of our strategic plan is developing a more ‘hands-on’ approach to the management of our members’ funds by implementing a number of initiatives, including the creation of a QSuper Limited investment team. The implementation of StatPro Seven was a key part of this process. We are delighted with StatPro Seven, it is providing us with comprehensive analytics reporting in a timely and efficient manner, as well as an enterprise investment data warehouse capability. The project was implemented both on time and to budget and we are delighted with the excellent level of support that StatPro Australia provided to us both during and post implementation.”

Greg Howell, StatPro’s CEO for Australia and Asia Pacific, commented: “This deal stemmed from QSuper’s strategy of providing in depth analytical data to its clients, backed up by a scalable SaaS platform capable of managing the process of growth. This agreement strengthens StatPro’s already excellent reputation in the region and our thorough understanding of the local market requirements.”

Related content

WEBINAR

Recorded Webinar: Maximising success when migrating big data and analytics to cloud

Migrating big data and analytics workflows to the cloud promises significant cost savings through efficient use of infrastructure resources and software that scales dynamically based on data volume, query load, or both. These are valuable gains for investment banks, but they can only be fully realised by taking a new approach to architecture and software...

BLOG

How to Tackle the Challenges and Gain the Opportunities of Unstructured Data

Unstructured data is coming into its own as financial institutions deploy machine learning to drive business insights out of the data, and use the data to develop more holistic risk profiles. Use cases such as these demonstrate the huge potential of harnessing unstructured data, but there are also associated challenges that must be addressed. Ahead...

EVENT

LIVE Briefing: ESG Data Management – A Strategic Imperative

This breakfast briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...