WILTON, Conn., Feb. 11, 2013 /PRNewswire/ -- Private Client Resources (PCR), a leading outsourcing provider of private wealth reporting and integrated technology, and a major competitor of both Advent Software and Envestnet, has entered into a strategic partnership with StatPro, a developer of cloud-based portfolio analysis and reporting capabilities. Through this partnership, PCR is now delivering high-end risk and market analytics as part of its private wealth reporting.
"High net worth investors want insight into the value their advisors provide to them, and their advisors, of course, want to show it. Advisors will now have fast, transparent market and risk analytics integrated with their client reporting," said Robin Williams, PCR's Chief Product Officer.
StatPro - a software as a service [SaaS] technology provider - delivers an alternative to installed, user centric and terminal-based front office analytics that don't deliver what wealth managers need: accurate, transparent, and timely analytics and market data distribution solutions.
"Wealth managers use a variety of technologies in their daily work lives to ultimately achieve a single goal: to serve their clients better," said Andrew Peddar, COO, StatPro. "StatPro Revolution is a completely new approach that stays true to wealth managers' goals by giving them a tool for faster, more accurate, risk and performance analysis, in a cost-effective way. With less time spent on manual processes, they are freed to focus on managing their all-important client relationships."
The strategic partnership with StatPro is the most recent example of PCR's ongoing commitment to providing advisors with innovative solutions that help them gain efficiency, increase scalability and grow profitability. PCR's open architecture platform allows for best-of-the-best capabilities to be delivered to its clients, whether these are developed in-house at PCR or brought onto their platform by the firm partnering with industry-leading third parties.
Private Client Resources is an award-winning private wealth reporting solutions provider serving RIA Firms, Family Offices and Private Banks. PCR's services and proprietary Palette Platform™ system deliver a broad range of capabilities and customized solutions, including high-quality aggregated data for both traditional and alternative investments, premium client reporting with full multi-currency, interactive dashboards, document management, research, risk analytics, CRM integration and invoicing.
Headquartered in Wilton, Conn., PCR is a value-driven service partner committed to positioning its clients for sustained growth.
For more information, please call (203) 762-9006 or visit www.pcrinsight.com.
StatPro is a global provider of portfolio analytics for the investment community. Its cloud-based services provide vital analysis of portfolio performance, attribution and risk. Hundreds of investment professionals use its cloud services directly or through a fund administrator/partner to perform sophisticated analysis, reporting and distribution every day.
StatPro data coverage includes global equities, global bonds, global mutual funds, most families of benchmarks, FX rates and sector classifications, among others. StatPro has operations in Europe, North America, South Africa, Asia and Australia, with 350 clients in 28 countries.
For more information on StatPro, please visit www.statpro.com.
SOURCE Private Client Resources