In an unprecedented move in the index data space, StatPro Revolution’s App Store, which will feature the NASDAQ indexes on a constituent and total level, will allow clients the opportunity to buy benchmark data on a per portfolio basis. This means that smaller asset managers and individual investors now have access to deeper insights at a significantly lower cost.
NASDAQ’s Index Level Performance available in StatPro Revolution can be redistributed by downstream clients in their own reports without the need for a direct license or associated fees. This enables investor communications without incurring additional fees for reporting rights, typically charged by other benchmark providers.
With this partnership, StatPro is one of NASDAQ OMX’s Elite Data Vendors.