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Portfolio analytics services provider StatPro Group said it had entered into a strategic partnership with J.P. Morgan.
The partnership would have an initial five-year term and would involve StatPro developing risk and performance attribution capabilities for the bank's portfolio managers through its data and analytics platform.
'For StatPro, this represents a significant new channel partnership for its services,' the company said.
'J.P. Morgan has many asset management, hedge fund and pension fund clients which it services across the world and a large salesforce to promote the service.'
'The combination of StatPro's platform and J.P. Morgan's data and analytics capabilities creates an attractive one-stop shop for many organisations.'