NAB selects new analytics platform
National Australia Bank (NAB) has chosen global risk analytics and performance reporting platform, StatPro Revolution, as its analysis platform.
NAB Asset Servicing executive director, John Comito, said the platform would allow daily online access to updated performance and risk analytics.
"For example, clients will now be able to look through their investment structure in detail, including looking at unitised trusts, multiple performance attribution models, scenario stress testing and APRA's [Australian Prudential Regulation Authority's] Standard Risk Measure," Comito said.
The appointment of StatPro within NAB will take effect following a transitional phase from the existing provider.
StatPro is a global provider of analytics solutions for the investment community, which uses a cloud-based platform to measure portfolio performance and risk.
AUTHOR
Hope William-Smith
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