Friday, 21 April 2006
StatPro, the AIM listed provider of portfolio analytics solutions for the global asset
management industry, today announces that it has been awarded a Queen’s Award for Enterprise (2006) in the International Trade category. The Award, announced today on Her Majesty The Queen’s eightieth birthday, recognises StatPro’s continuous achievement in international trade, resulting in substantial overseas earnings with growth and commercial success, sustained over a six year period since 1999.
StatPro develops and markets financial software for the global asset management
industry and commenced trading in 1994. StatPro wins the Award for the first time,
having increased its overseas revenues nearly seven-fold to £6.9 million over the six year period. The Company’s well-focused marketing strategy is targeted at investment managers’ requirements for internationally standardised front and middle office systems.
Headquartered in London, StatPro provides services to over 200 clients in 25 countries with over three quarters of its sales being generated outside the UK. The Company has established a strong distribution of offices in nine key financial centres supplying licensed branded products, adding new markets in continental Europe, North America, Australasia, Africa and Asia, and increasing sales through nurturing strong relationships with global asset managers. Through its global network of support offices, StatPro offers the highest standards of service and support in multiple languages.
Commenting, Justin Wheatley, Chief Executive of StatPro Group, said:
“We are very pleased and honoured to receive this most prestigious award. It recognises the skill and commitment of our employees, which coupled with a focused strategy for growth in overseas markets, has enabled us to deliver excellent services to our clients globally."
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