LV Asset Management, the fund management arm of mutual insurance and investment group LV, has selected StatPro in a three-year performance and attribution deal.

The contract, currently at the implementation stage, is for the StatPro Performance & Attribution and StatPro Fixed Income Systems, which provide advanced investment analysis and client reporting.

Both LVAM’s performance team and fund managers will use the new software. StatPro is making a remotely hosted version of the system available to the client for immediate use, allowing rapid deployment.

LVAM’s Senior Systems Analyst, Richard Acela said: “We’ll benefit from more detailed analysis of investment decisions, user-friendly analytic tools and reporting that enhances the client’s understanding of the investment process and inspires confidence in the results.”

“StatPro’s use of industry-standard methodologies for performance measurement is complemented by leading-edge attribution analysis, including that of sophisticated investment instruments and OTCs.”