The StatPro Cloud

tag:blogger.com,1999:blog-2905237792625963072009-07-15T08:41:32.236+01:00The StatPro CloudThe StatPro Bloggerhttp://www.blogger.com/profile/08112212598104400992noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-290523779262596307.post-52018711553530828382009-06-10T11:02:00.001+01:002009-06-10T11:06:21.590+01:00What’s the benefit?

Putting performance and attribution into contextPeople form habits and after a while they tend to lose focus on why they do things. They do them because they do them. Asset managers do performance measurement so they buy performance measurement. That all makes sense surely?Well no, not really. For example, people don’t want mortgages, but they do want a home, the benefit of the mortgage is that

Justin Wheatleyhttp://www.blogger.com/profile/07331858832255101403noreply@blogger.com0tag:blogger.com,1999:blog-290523779262596307.post-43646537428720802392009-05-21T14:35:00.000+01:002009-05-21T14:37:00.930+01:00When box ticking goes too far

“Computer says no!” is how I felt when told of the decision of Institutional Shareholder Services (ISS), a subsidiary of Riskmetrics, to declare that all our Non-Executive Directors (NED) were not “independent”.Regulations are supposed to be a good thing, but of course, they can have perverse results like anything else. It is very difficult to create rules that produce sound judgements every time

Justin Wheatleyhttp://www.blogger.com/profile/07331858832255101403noreply@blogger.com2tag:blogger.com,1999:blog-290523779262596307.post-72317399893940674272009-05-18T15:36:00.013+01:002009-05-19T17:51:25.052+01:00Money Weighted versus Time Weighted Attribution

In one sense there ought not to be too much discussion about the relative merits of money-weighted or time-weighted attribution, the attribution methodology must be consistent with the methodology used to calculate the total return of the portfolio, hence for time-weighted returns use a time-weighted attribution methodology and for money weighted returns use a money-weighted attribution

Carl Baconhttp://www.blogger.com/profile/16094834653786090151noreply@blogger.com1tag:blogger.com,1999:blog-290523779262596307.post-79594200834405297152009-03-17T12:31:00.002Z2009-03-17T12:38:09.402ZBuilding a compliance culture in turbulent times

Executive summaryThe Financial crisis has focussed investment firms more than ever on the need to better monitor and manage risk. The conveyor-belt of ever more complex investment products has slowed and firms face increasing levels of scrutiny from both regulators and customers. As a result, the need for a better understanding and tighter control of risk has moved rapidly to the top of the

Neil Hamptonhttp://www.blogger.com/profile/17974613316752283151noreply@blogger.com0tag:blogger.com,1999:blog-290523779262596307.post-62838543412768376482009-03-10T16:06:00.004Z2009-03-10T16:21:06.498ZWhen size becomes a problem

The last 20 years have seen in the global banking system a strong process of mergers & acquisitions creating a number of big banks around the world. The mantra that has been driving this process is that economies of scale make the banks more efficient.The evidence that we are facing today points to a different direction and the only reason many big banks are not failing is that they are “too big

Dario Cintiolihttp://www.blogger.com/profile/13858219762768854065noreply@blogger.com0tag:blogger.com,1999:blog-290523779262596307.post-64226430941971827012009-02-17T12:31:00.026Z2009-02-17T17:15:10.632ZThe Real Cost of Software

A quick analysisSoftware costs money. This cost is pretty visible, you get an invoice from your software vendor depending on the model; one off license costs, annual support agreements, annual subscriptions, upgrades etc. It’s even fairly simple to track some associated costs of your new software, like the server hardware required to run the software and the server software licensing costs.

Neil Smythhttp://www.blogger.com/profile/07865641197916010233noreply@blogger.com0tag:blogger.com,1999:blog-290523779262596307.post-61627624452312506242009-02-05T09:54:00.005Z2009-03-10T16:24:26.804ZAsset Managers need to reduce their costs – SaaS will help

Why StatPro is evolving its business modelTime changes everything. What was once state of the art becomes a cumbersome nuisance at some point. The explosion of activity that occurred in the 90’s when hundreds of small software companies built applications to sell to asset managers allowed a big increase in efficiency. Processes that had taken weeks were reduced to hours or minutes. New processes

Justin Wheatleyhttp://www.blogger.com/profile/07331858832255101403noreply@blogger.com0tag:blogger.com,1999:blog-290523779262596307.post-8112574235237055542009-02-04T17:00:00.004Z2009-03-10T16:25:30.735ZMark to Model or Mark to Myth?

Why valuations of credit instruments based on Mark to Model might be a really good idea.Asset managers and Custodians have a real problem valuing illiquid assets in their portfolios even though many of these assets are perfectly sound and the asset manager has no intention of selling them. Assets should be valued at mark to market prices as required by the Basle rules. However mark to market

Justin Wheatleyhttp://www.blogger.com/profile/07331858832255101403noreply@blogger.com0tag:blogger.com,1999:blog-290523779262596307.post-44712532451359035482009-02-03T18:45:00.007Z2009-02-13T14:44:45.690ZWhy we need to create the role of the Super Employee

How the current employment law protects CEOs from lossesCredit crunch fatigue is probably setting in for many people, but I am sure that even they have some venom left for those individuals who presided over the whole debacle and yet walked away with millions of dollars and pounds. How was it possible that we “allowed” this to happen? Why is it that there is not a regulation that stops all this?

Justin Wheatleyhttp://www.blogger.com/profile/07331858832255101403noreply@blogger.com2tag:blogger.com,1999:blog-290523779262596307.post-64794082202657660912009-02-02T09:39:00.002Z2009-02-05T18:17:11.028ZHow sharp is the Sharpe ratio?

Any discussion on risk-adjusted performance measures must start with the grandfather of all risk measures the Sharpe Ratio or Reward to Variability which divides the excess return of a portfolio in excess of the risk free rate by its standard deviation or variability.Most risk measures are best described graphically, a measure of return in the vertical axis and a measure of risk in the horizontal

Carl Baconhttp://www.blogger.com/profile/16094834653786090151noreply@blogger.com3tag:blogger.com,1999:blog-290523779262596307.post-10793293770100042032009-01-28T10:26:00.006Z2009-02-13T14:47:32.236ZSetting the Standard

Author: Neil SmythWhen deciding to outsource or host software solutions with vendors it pays to know how they intend to deliver such a service. Software vendors write software, what makes them capable of hosting that software for their clients? When you choose to host your application with the vendor you are asking them to take on much more than their traditional responsibilities. You are

Neil Smythhttp://www.blogger.com/profile/07865641197916010233noreply@blogger.com1tag:blogger.com,1999:blog-290523779262596307.post-82704480872843188032008-11-28T10:16:00.002Z2008-11-28T10:30:31.542ZPress 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

Dean Brownnoreply@blogger.com0tag:blogger.com,1999:blog-290523779262596307.post-27604242705700062572008-11-26T13:29:00.001Z2008-11-28T10:32:24.514ZStatPro 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

Dean Brownnoreply@blogger.com0tag:blogger.com,1999:blog-290523779262596307.post-34908635843041362512008-09-05T10:07:00.004+01:002009-02-05T18:21:14.702ZThe Future Landscape of Performance Attribution

It is now 20 years since the publication in the Financial Analysts Journal of the “Determinants of portfolio performance” by Brinson, Hood and Beebower, and together with “Measuring non-US equity portfolio performance” published in the Journal of Portfolio Management a year earlier by Brinson and Fachler, these papers collectively now known as the “Brinson Model” have provided the foundation for

Carl Baconhttp://www.blogger.com/profile/16094834653786090151noreply@blogger.com1tag:blogger.com,1999:blog-290523779262596307.post-34660660869606266372008-08-05T16:18:00.001+01:002009-02-04T16:38:29.368ZWhat are the Global Investment Standards (GIPS)?

The Global Investment Performance Standards (GIPS) are a set of ethical principles used by investment management firms in order to establish a globally standardised, industry-wide approach to creating performance presentations that communicate investment results to prospective clients.The underlying spirit of the Standards is fair representation and full disclosure. CFA Institute created and

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