EPIC : SOG

Web Site : http://www.statpro.com/

Investor Relations : http://ww7.investorrelations.co.uk/statpro/index.jsp


Portfolio Analytics Solutions

StatPro was founded in 1994 to provide portfolio analytics for the financial sector. Today, StatPro offers a wide range of applications and reports based around the Data Hub that enables clients to automate and improve every aspect of their analysis needs. With over 200 clients in 25 countries, StatPro has a proven track record of meeting and exceeding the highest standards of its clients.
StatPro has offices in 8 countries and offers the highest standards of service and support in multiple languages. The secret of success lies in innovation and development and it spends in excess of 25% a year of its revenues on R&D.
Over the years StatPro has built up an impressive team of talented individuals who have all excelled in their chosen field of expertise. The collective experience of performance professionals, risk experts, fund managers, developers and business consultants gives StatPro a solid structure upon which to serve its clients and grow its business.


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Interview with Neil Smyth, Marketing & Technology Director of Statpro

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one to watch - Statpro revolution continues

In IC this week -

If StatPro can build an industry - leading cloud analytics platform, the payback for shareholders could be substantial. Shares in pure cloud software companies in the US typically trade on an enterprise value of sales ratio of 5-12 times - StatPro's ratio is just 1.7 times., based on 2013 forecast sales. True, a forward PE ratio of 18 looks pricey- but that's more than warranted given StatPro's medium -term potential.

StatPro's cloud offering to redefine analytics market, reckons Panmure

By Giles Gwinnett

March 06 2014, 1:13pm
In the note 'Good things come to those who wait', he notes the trading update in late January this year indicated full year 2013 numbers would be in line with expectations
In the note "Good things come to those who wait", he notes the trading update in late January this year indicated full year 2013 numbers would be in line with expectations


Panmure issued an upbeat note on anlaytics specialist StatPro (LON:SOG) ahead of the firm's full year results on March 12.

Its cloud based product will redefine the portfolio analytics market, reckons the broker's analyst Adam Lawson, who keeps his "buy' stance on the shares.

In the note "Good things come to those who wait", he notes the trading update in late January this year indicated full year 2013 numbers would be in line with expectations.

All key performance indicators suggested the startegy to transition to the cloud is firmly on track, he highlights. StatPro Revolution's annualised recurring revenue was up 114% to £3.2million, ahead of market expectations of £ mln, while StatPro related recurring revenue leapt 136% to £9.2mln from £3.9mln.

StatPro Revolution client numbers grew 65% to 257 by Dec 31 last year.

"While much work has been done to drive uptake of the cloud offering, 2014 is an important year for the business.." said Lawson.

The broker will be looking for evidence of a strong sales pipeline supporting accelerated investment in sales and client services teams, a clear product roadmap, together with confirmation that the release of StatPro R+ (the replacement for StatPro Seven) remains on track for the end of the year.

Panmure will also seek reassurance that investment in the fund administrator partner network is delivering in terms of sales activity, it added.

StatPro shares are unchanged at 86 pence each

Listen: Statpro Group (SOG) - Interim results for the six months ended 30 June 2014

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Listen: Statpro Group - Final results 2014

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StockMarketWire.com
StatPro Group has completed the First Closing of the acquisition, from UBS, of its risk and performance analytics service, UBS Delta, as announced on 7 April 2017.

An initial payment of €8.7m has been made, out of total cash consideration of about €13m, which woul be paid over three years.

UBS Delta would enable StatPro to extend its risk and performance analytics service from the middle office to the front office of asset managers.

The acquisition was phased over 3-5 years as StatPro incorporated UBS Delta's cloud-based functionality into its flagship product, StatPro Revolution.