StockMarketWire.com - Asset pricing services provider StatPro Group said it had won a three-year contract with a large European insurance group worth £1.1m.

The customer, which it didn't name, would use the company's Revolution product to manage liability-driven investments.

'Following the first closing of the acquisition of Delta in May 2017, StatPro initially planned to enhance Revolution to reach functional parity with Delta within three to five years,' the company said.

'StatPro has now devised a plan to continue using Delta within the Revolution platform, thus ensuring a seamless integration with no disruption to the existing service.'

'StatPro is therefore continuing to market Revolution Delta actively.'




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