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StatPro Evaluated Pricing Service Selected by BofA Merrill Lynch Global Research
StatPro Evaluated Pricing Service Selected by BofA Merrill Lynch Global Research
StatPro to provide evaluated prices for BofA Merrill Lynch Canada, Mexico and Brazil Bond Indices
London,
Islington,
United Kingdom
(prbd.net)
16/09/2010
"“We are very pleased with BofA Merrill Lynch Global Research’s decision to use StatPr"
StatPro, Inc., a global provider of portfolio analysis software and asset valuations, today announced that it will become the primary independent provider of evaluated pricing for BofA Merrill Lynch Global Research Bond Indices for Canada, Mexico and Brazil.
StatPro’s fixed income methodologies incorporate bond terms and conditions, proprietary pricing models and real-time quotes from contributing dealers. StatPro uses fair market value assessments in accordance with accounting guidelines such as FAS 157 to provide valuations consistent with industry standards.
“We are very pleased with BofA Merrill Lynch Global Research’s decision to use StatPro as the primary price provider for Canada, Mexico and Brazil. Our independent valuations will provide the on-demand delivery and transparency needed to meet investor requirements,” said Mark Bramley, CEO of StatPro North America. “We believe that BofA Merrill Lynch Global Research will benefit not only from our superior fixed income valuation service but also from our commitment to providing excellent customer care.”
About StatPro
StatPro Inc. is a leading global provider of asset management software for the worldwide investment community. Founded in 1994, StatPro offers portfolio analysis software combined with pre-packaged evaluation service using the Software as a Service (SaaS) platform. StatPro’s Unlimited Pricing service incorporates reference data, corporate actions and industry classification codes, asset pricing, bond pricing and an index data service. The company’s integrated analytics solutions provide performance measurement, attribution analysis, risk management software, governance, compliance and reporting – all in a single interface. More than 250 major asset managers worldwide utilize StatPro solutions. StatPro Inc. is headquartered in Boston and is a division of StatPro Group PLC (AIM: SOG).
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