StatPro has announced the acquisition of UBS Delta, the investment bank’s portfolio analysis and risk management cloud-based system that enables clients to measure risk and performance across fixed income, commodities, equities and FX. It is front office focused and noted for its fixed income risk and attribution capabilities. StatPro is paying €13 million in cash over three years, funded by additional committed facilities from Wells Fargo; the price equates to around 4.5x to 5.5x
10 Apr 2017
Adds scale and enhances front office product set
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Adds scale and enhances front office product set
Statpro Group (SOG:LON) | 0 0 (-0.8%) | Mkt Cap: 159.5m
- Published:
10 Apr 2017 -
Author:
Gareth Evans -
Pages:
6
StatPro has announced the acquisition of UBS Delta, the investment bank’s portfolio analysis and risk management cloud-based system that enables clients to measure risk and performance across fixed income, commodities, equities and FX. It is front office focused and noted for its fixed income risk and attribution capabilities. StatPro is paying €13 million in cash over three years, funded by additional committed facilities from Wells Fargo; the price equates to around 4.5x to 5.5x