The move means that PCR now offers risk and market analytics as part of its private wealth reporting. In a recent interview with Family Wealth Report, Rob Fiore, president and chief executive of PCR, said the time-consuming and complex nature of financial reporting is likely to trigger a "major exodus" in family offices outsourcing this duty - a move that would free up time and boost efficiency across the industry

StatPro’s cloud-based services provide analysis of portfolio performance, attribution and risk; data coverage includes global equities, global bonds and global mutual funds, among others. The firm has operations in Europe, North America, South Africa, Asia and Australia, with 350 clients in 28 countries.