Press Release - StatPro Direct re-launched in support of SaaS initiative

London, 26 November 2008 – StatPro Group plc, a leading provider of portfolio analytics and data solutions for the global asset management industry, today announced an upgrade of the company’s ‘StatPro Direct’ client services portal to a web-based software-as-a-service (SaaS) platform.

StatPro Direct was initially a client services platform, allowing clients to access support features and information on the applications they were using. It has now been redesigned and enhanced to include hosted applications that can be accessed from within the StatPro website at www.statpro.com.

“From a purely technical level, the new SaaS platform offers our clients the choice of hosted hardware implementations and failover options that meet their business requirements for their applications. Improved uptime, application performance, security, live monitoring, backup and failover features are now available for the entire StatPro suite within the new SaaS platform,” said Chief Technology Officer Neil Smyth. He went on to add: “One of the applications within StatPro Direct is brand new – a complex asset pricing service that is entirely pure-play SaaS.”
StatPro recently enhanced the platform to allow prospects both granular and temporary access to specific parts of the site, so as to give a flavour of the products and services available.

“We have a number of existing clients live in both North America and Europe,” said Justin Wheatley, CEO at StatPro. “We are now in a position to launch StatPro Direct to an even wider audience, showing that not only do we have an online client services platform, but we have a web application platform ready for our SaaS initiatives,” he added.

StatPro Direct

StatPro Direct is our brand new on demand platform bringing together Software as a Service (SaaS) applications, knowledge base articles, and access to StatPro eSupport in one location.

StatPro has been offering SaaS type services since 2002 and understands the benefits clients can realise when they outsource the IT infrastructure support for their applications. StatPro has built a brand new hosted platform based on the latest technology to be able to offer an enhanced hosted service.

Benefits of SaaS

The new SaaS platform offers clients the choice of hardware implementations and failover options that meet the business requirements for the application. Improved uptime, application performance, security, live monitoring, backup and failover features are now available for the entire StatPro suite within the new SaaS platform.

StatPro recognizes that many businesses see as an opportunity to refocus resources on core functions. Deploying, maintaining and supporting enterprise applications in house is both expensive and time consuming. StatPro believes that by offering SaaS, our clients can realise a much quicker return on their investment compared to longer implementations with on-premise solutions.

By placing the responsibility of infrastructure availability, security and disaster recovery with the software vendor, clients are free to focus on the business benefits of software, rather than the setup and support burden of traditional in-house systems. StatProDirect allows secure, anytime, anywhere access to StatPro’s knowledge and solutions.

Additional Features

StatPro Direct also allows clients to connect with StatPro product managers, read 'pearls of wisdom' articles written by product specialists and download the documentation you need, when you need it. Launch eSupport to raise support cases with StatPro client services using your StatProDirect account. Single sign on means less accounts and passwords to remember with one account giving you access to all of StatPro's on demand services.