Stocktube video
15/03/2012

StatPro CEO says StatPro Revolution enables a global sales strategy

View full size
Additional Information
Market: AIM
Sector: Software & Computer Services
EPIC: SOG
Latest Price: 89.00p  (0,00%)
52-week High: 119.00p
52-week Low: 74.50p
Market Cap: 54.63M
1 year chart
1 day chart
Watchlist/Portfolio

Add to watchlist:

Only registered members can add into watchlist !

Register here !

StatPro has evolved into a leading provider of performance and risk management solutions for the investment community. We do this by offering software combined with pre-packaged data on our own IT platform. In this way, we can provide a complete solution for our clients in the most cost-effective manner possible.

Pdf

StatPro Group director Mark Adorian increases shareholding

25th Nov 2011, 10:32 am by Andre Lamberti Director Mark Adorian is now interested in 2,545,698 shares, representing approximately 4.19 percent of the company's share capital

StatPro Group PLC (LON:SOG) was notified that the wife of non-excutive director Mark Adorian bought 25,000 shares in the company yesterday at 86.5 pence each.

Mark Adorian is now interested in 2,545,698 shares, representing approximately 4.19 percent of the company's share capital.

StatPro provides portfolio analytics services for asset management firms and has hundreds of clients worldwide.

The company announced last month that trading for the third quarter had been in line with expectations and that it is “confident of a successful outcome for the year”.

Revenue and profits for the nine months to the end of September 2011 were in line with the firm’s expectations, it said.

StatPro said that revenues in 2011 for its Revolution cloud-based portfolio analysis and research service would be modest, but that this service had added further clients and portfolios during Q3 2011. The firm added that there are “positive indications” that it shall make further progress in signing new clients in both Q4 2011 and 2012, which will be the service’s first full year since its launch.

StatPro said that new business for its StatPro Seven product in the third quarter “was satisfactory in what is typically the lowest quarter for signing new commitments”. The firm said it signed its first client for its new StatPro Seven Risk bureau service that was launched in Q3 2011. Renewal rates “remain high” and are projected to be around 90 per cent or better for the full year.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.