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UPDATE - StatPro hires industry expert as client integration director

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Dr Ian Thompson has been hired as client integration director at StatPro (LON:SOG), the provider of analytics software for the investment industry.

He will work closely with the product development teams to provide a smooth transition to the StatPro R+ and StatPro Revolution products.

Thompson comes from Bi-Sam where he was the executive regional director for Asia Pacific and has more than 27 years' experience working in the asset management sector and more than 23 years in performance measurement.

He is widely recognised as an industry expert in investment performance analysis.

Thompson said: "This is a ground-breaking opportunity to "change the mould" by delivering an in-depth and scalable performance, risk, and compliance solution efficiently and seamlessly, using a genuine cloud-based multi-tenant approach.

"This means that significantly more functionality can be delivered more quickly and effectively than ever before to all of our clients.

"I look forward to working closely with StatPro's clients to ensure that they reap the maximum benefits and improved productivity from this advanced technology and unique approach."

City firm Panmure Gordon said Dr Thompson’s appointment reflects how important the next 12 months will be for the company’s transition to a Cloud-based platform.

“This could prove an important hire. Investors need to keep the faith that the promise this company offers is delivered,” the broker said.

Quick facts: StatPro Group PLC

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LSE:SOG
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