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SOG Statpro Group Plc

236.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Statpro Group Plc LSE:SOG London Ordinary Share GB0006300213 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 236.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

StatPro Group PLC European Asset Manager signs two year extension (5535Q)

13/09/2017 7:00am

UK Regulatory


Statpro (LSE:SOG)
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TIDMSOG

RNS Number : 5535Q

StatPro Group PLC

13 September 2017

13 September 2017

StatPro Group PLC

Large European Asset Manager signs two year extension worth GBP1.5m for Delta service.

StatPro Group plc, ("StatPro", "the Group", AIM: SOG), the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has secured a two-year contract extension with a large European asset manager for its Delta service, worth GBP1.5m.

This existing client is extending as well as increasing its commitment to use the platform for ongoing risk analytics, in both the front and middle office, primarily across fixed income assets.

Justin Wheatley, Group CEO, commented:

"This contract extension, with an important client, underlines the quality of the recently acquired Delta service which offers unprecedented price accuracy and flexibility for our fixed income clients.

"We are making rapid progress with our plans to reach functional parity between Delta and our flagship StatPro Revolution platform."

Enquiries:

 
 StatPro Group plc 
 Justin Wheatley, Chief         +44 (0) 20 8410 
  Executive                      9876 
 Andrew Fabian, Finance 
  Director 
 
 Panmure Gordon - Nomad 
  and Broker 
 Corporate Finance - Freddy     +44 (0) 20 7886 
  Crossley / Fabien Holler       2500 
 Corporate Broking - Tom 
  Salvesen / James Stearns 
 
 Instinctif Partners 
 Adrian Duffield / Chris        +44 (0) 20 7457 
  Birt                           2020 
 

About StatPro

StatPro is a global provider of award winning portfolio analytics solutions for the investment community. The Group's cloud-based platform provides vital analysis of portfolio performance, attribution, risk and compliance. This multi-asset class analytics platform helps StatPro's clients increase assets under management, improve client service, meet tough regulations and reduce costs.

The Group's integrated and global data coverage includes over 3.2 million securities such as equities, bonds, mutual funds, FX rates, futures, options, OTCs, sector classifications and much else besides. StatPro also covers most families of benchmarks including MSCI, FTSE, Russell, NASDAQ and the open source Freedom Index.

The Group has operations in Europe, North America, South Africa, Asia and Australia, with hundreds of clients in 39 countries around the world.

StatPro has grown its Annualised Recurring Revenue from less than GBP1 million in 1999 to around GBP53 million today. Over 75% of recurring revenues are generated outside the UK. StatPro Group plc shares are listed on AIM.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFVEADIFLID

(END) Dow Jones Newswires

September 13, 2017 02:00 ET (06:00 GMT)

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