StatPro, the London-listed portfolio analytics firm, has signed a four-year deal with the Bank of Montreal.

Under the agreement StatPro will provide the bank with a hosted suite of products, extending an existing contract to provide non-hosted services. The applications include an index service and SaaS, an interactive reporting tool.

“Bank of Montreal has subscribed to a combination of our analytics services on our new SaaS platform…The fact that these are now available via our SaaS platform makes it very attractive to a wider audience of global customers, especially in the current market as it reduces the total cost of implementation and ownership,” said Mark Bramley, chief executive for North America at StatPro.