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Published on: May 14, 2014

Consistent message in the AGM statement

StatPro’s AGM statement delivers a trading update which reports continued progress in its transition to a purely cloud-based provider of analytics services. To that end, the Group continues to invest in transforming its business into a cloud solution with the main areas of expenditure previously highlighted as sales, client services, development and cloud infrastructure. Its ability to deliver its competitive products to a wider market with a faster response time is reflected in improved sales pipelines and broader customer offerings. Further improvement to functionality and additional capacity should produce greater interest from a wider number of asset managers. We leave our estimates unchanged.

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