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corporate profile, about statpro

StatPro is a leading provider of portfolio analytics and data solutions for the global asset management industry. Having grown from a one-product company, StatPro now offers a unique platform for data management, performance, attribution and risk portfolio analysis, as well as client reporting.

Brief history of StatPro
StatPro has created a business with almost £24 million of annualised repeat revenue contracts (94% renewal rate) with a strong brand associated with a high level of customer satisfaction. StatPro has successfully completed ten acquisitions since 2000.

Our range of products enables StatPro to provide a unique integrated product offering with a strong competitive advantage. StatPro’s strategy is to build an international business by establishing a global distribution network, building a complementary product suite through a combination of acquisitions and internal development, and cross-selling acquired products and services to existing clients and prospects.

YearKey Events
1994Founded by Justin Wheatley
1994 - 1998Developed Composites product (SC)
1998Signed first 4 client contracts
1999Signed 7 new contracts resulting in a total of 11 client contracts
2000Acquired Performance & Attribution (SPA) product
Floated on London Stock Exchange raising £5.5 million
Increased client contracts to 74
2001Arranged secondary fund raising (£1.7 million) and committed bank debt facility
2002Acquired Fixed Income Attribution prototype product (SFI)
2003Transferres listing to AIM for more flexibility
Reported first profit as quoted company
Acquired Risk Management Product (SRM)
2004Invested in SiSoft to develop internet versions of Composites (SC)
2005Bank debt repaid
Acquired Enterprise Reporting product (SER)
Declared maiden dividend as quoted company
2006Acquired Alphai - leading ASP performance company in Australia
Acquired Kizen - Portfolio Control product (SPC)
Raised £13 million in equity
Arranged £14.5 million bank facilities
Acquired FRI - Data Solutions (SDS) and Portfolio Management system (SPM)
2007Completed FRI integration
Disposal of real-time data business
Acquired Initram - Bond Data Solutions
2008Arranged an increase to bank facilities to £22.5 million
Acquired Performa - adding £2.1 million of recurring revenue
Increased client contracts to 424
Increased recurring revenue to £23.8 million

 
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