Finance Monthly CFO Awards 2017 Winners Edition

Firm Profile StatPro is a global provider of award winning portfolio analytics solutions for the investment community founded in 1994. 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 Group plc shares are listed on AIM. StatPro’s products and services StatPro believes software should be simple. Simple to implement, simple to operate and simple for its clients to achieve their goals. StratPro’s technology, expertise and advanced portfolio analytics make this possible. StratPro has three key areas of its business that help its clients manage their portfolio performance and risk analytics. Cloud-based platforms StatPro Revolution is a cloud-based portfolio analytics platform that gives investment managers of all sizes the ability to calculate the performance and risk on all their securities across all their portfolios. StatPro Seven software The StatPro Seven suite of products are non-cloud software solutions providing performance and risk analysis for over 200 clients around the world. Most of these systems are hosted by StatPro across three privately managed data centres. Data Solutions StatPro market data solutions offer high quality and timely pricing data for global securities around the world. StatPro’s market data includes over 3.2 million securities and multiple industry benchmarks including MSCI, FTSE, Russell, NASDAQ and the open source Freedom Index. Growth StatPro has grown its Annualised Recurring Revenue (“ARR”), both organically and by acquisition, from less than £1 million in 1999 to around £53 million today. Over 75% of recurring revenues are generated outside the UK. StatPro completed in May 2017 the first phase of the acquisition from UBS of its risk and performance analytics service, UBS Delta. An initial payment of €8.7 million has been made, out of total cash consideration of approximately €13 million, the balance of which will be paid over three years. Delta has ARR of approximately £14.5 million. Delta will enable StatPro to extend its risk and performance analytics service from the middle office to the front office of asset managers. The acquisition is phased over three to five years as StatPro incorporates Delta’s cloud-based functionality into its flagship product, StatPro Revolution. Throughout the transition, and until StatPro has fully integrated Delta’s functionality, UBS will continue to operate and support Delta for its clients. Group Finance Director at StatPro Andrew Fabian T: +44 208 410 9876 | E: info@statpro.com | W: www.statpro.com About Andrew Fabian Andrew graduated fromOxford University with a degree in Engineering Science. He worked in a project management role for two years before joining the management consultancy division of Touche Ross (now Deloitte), while training to become a chartered accountant. Following qualification and a two year secondment to Deloitte in Canada, he specialised in corporate treasury and advice to financial institutions. Andrew then joined the treasury department of De La Rue plc (a FTSE 100 company at the time) where he completed his MCT treasury qualification. He was appointed Group Treasurer at William Baird PLC, a global clothing manufacturer and distributor with revenues of over £500m, later becoming Group Financial Controller. In 2000, Andrew joined StatProwhen thebusiness had just floated with plans to expand overseas both organically and through acquisition. At that time, the Group had revenues of around £3 million and an EBITDA loss of around £4.5 million. An important milestone was to generate positive operating cash flow, which was achieved in H2 2002 and has been maintained ever since. The Group now has annualised recurring revenues of approximately £53 million. Andrew is responsible for the global finance and HR functions, and is also Company Secretary. He has completed thirteen acquisitions, and several debt and equity fund raisings. He also managed a debt restructuring during the financial crisis in 2008 when StatPro’s Icelandic bank went into liquidation, achieving a debt write off and an improved facility with a new lender. During 2017, a major achievement was the completion of the acquisition of Delta from UBS for approximately €13 million and increasing the Group’s multi-currency financing facilities with Wells Fargo to £41 million. The transaction was innovative as StatPro needed to find a financial structure for the transaction to allow a staged transfer of the intellectual property rights and client contracts from UBS, and, consequently, deferred consideration, while developing Delta’s functionality on StatPro’s advanced cloud-technology platform. Andrew is a Fellow of both the ICAEW and the Association of Corporate Treasurers (ACT). In 2012, he was awarded a ranking in the ‘Hot 20 FDs’ in the TMT sector by BDO LLP. www.finance-monthly.com 21 Finance Monthly CFO Awards 2017 UNITED KINGDOM