Technology
LV Asset Management Chooses StatPro

LV Asset Management, the fund management arm of mutual insurance
and investment group LV, has selected StatPro in a three-year
performance and attribution deal.
The contract, currently at the implementation stage, is for the
StatPro Performance & Attribution and StatPro Fixed Income
Systems, which provide advanced investment analysis and client
reporting.
Both LVAM’s performance team and fund managers will use the new
software. StatPro is making a remotely hosted version of the
system available to the client for immediate use, allowing rapid
deployment.
LVAM’s Senior Systems Analyst, Richard Acela said: “We’ll benefit
from more detailed analysis of investment decisions,
user-friendly analytic tools and reporting that enhances the
client’s understanding of the investment process and inspires
confidence in the results.”
“StatPro’s use of industry-standard methodologies for performance
measurement is complemented by leading-edge attribution analysis,
including that of sophisticated investment instruments and
OTCs.”