14th May 2014 10:23
LONDON (Alliance News) - Statpro Group PLC Wednesday said trading in the first four months of 2014 had met its expectations.
In a statement ahead of its annual general meeting, the provider of portfolio analysis and asset pricing services for the asset management industry said it is continuing to make "good progress" on becoming a purely cloud-based analytics service provider.
"We believe that the service we offer, through our cloud-based solution StatPro Revolution, provides a compelling story that meets client demands for greater transparency, improved reporting to satisfy new regulations, and as a selling tool, as well as being great value for money," the company said.
"Our continuing progress gives the board confidence in a successful outcome for the year," it said.
Statpro shares were up 1.8% at 85 pence Wednesday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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