StatPro Group, a provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has made two new senior appointments and announced a new divisional structure for its Canadian operations.

In alignment with the Group’s strategic objectives, with a formal go-live date of 1 January 2019, StatPro will begin to operate across three divisions, StatPro Revolution, Source: StatPro, and StatPro Infovest. The Revolution division will focus on cloud-based performance and risk analytics platform. Source: StatPro will focus on market data and index services, and Infovest will focus on investment data management solutions.
 
Source: StatPro operates globally from the firm’s Montreal, Milan and London offices and is a well-established part of StatPro already. StatPro says that dedicating a division to data services, will bring renewed commitment and focus to this essential part of the firm’s business. To fully support this initiative, Gordon Bloor has joined as CEO for Source: StatPro, bringing a wealth of expertise and an extensive background in market data business development.
 
In addition to Bloor, StatPro has also appointed Nico Coetzee as Director of StatPro Canada Inc, who will be responsible for driving StatPro’s growth strategies across all divisions for Canada, a region that StatPro has designated as essential to its growth plans going forward. Based in Toronto, Coetzee has almost two decades of experience working for asset managers, fund administration and private wealth firms.