First-ever QuantLib Forum to Take Place in November

StatPro Group, a global provider of portfolio analysis and asset valuation services for investment professionals, today announces that it will host a free-to-attend forum for quantitative analysts in London on 3 November 2010, in cooperation with open source organisation QuantLib.

The forum, which celebrates QuantLib’s ten-year anniversary, will present speeches by the QuantLib founders and offer networking opportunities for attendees.

QuantLib is the most widely used open source pricing library in the world. Its popularity stems from its quality content and a grassroots active participation by leading quants, many of whom work for some of the largest investment banks in the world. Whilst originally quants were mainly involved in risk management and derivatives pricing, the meaning of the term has expanded over time and now includes almost all individuals involved in financial mathematics.

QuantLib was founded in 2000 by Dario Cintioli (now global head of Risk at StatPro), Ferdinando Ametrano, Luigi Ballabio, Adolfo Benin and Marco Marchioro at Riskmap, now StatPro Italia. Experienced in writing option pricing codes, the five colleagues thought it would make a lot of sense to create an open source and standardised basic toolkit for quants, which could be used, maintained and updated by peer quants. Ten years on and without having been advertised commercially, QuantLib was downloaded more than 50,000 times over the last three years.

The forum is open to the public and free of charge. For more information and registration please visit: http://www.statpro.com/quantlib_forum.aspx

For further information please contact:

Jeanine Leuckel, StatPro

Tel: 020 8410 8655

Email: jeanine.leuckel@statpro.com

Fabienne Pasquion, Ascension Consulting

Tel: 020 7100 6111 / 07984 119846

Email: fabienne@ascensionconsulting.co.uk

Notes to Editors

Dario Cintioli is available for interview upon request.

About StatPro

StatPro is a leading provider of portfolio analysis and asset valuation services for the global asset management industry. The company sells a SaaS-based analytics and data platform on a rental basis to investment management companies allowing them to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides market data and valuation feeds including a Complex Asset Pricing service.

For more information visit http://www.statpro.com

Contact: Jeanine Leuckel
Phone: 020 8410 8655
Email: jeanine.leuckel@statpro.com
Website: http://www.statpro.com