Aptitude Software Group PLC AGM Statement
RNS Number : 6364W
Aptitude Software Group PLC
27 April 2021
27 April 2021
APTITUDE SOFTWARE GROUP plc
('Aptitude Software', 'Company' or 'Group')
Ivan Martin, Chairman of Aptitude So ft ware Group plc (the
"Group"), provides the following trading update in advance of the
Annual General Meeting to be held at 9.00 a.m. this morning.
"The Board is pleased to confirm that Aptitude Software
continues to make strategic and operational progress.
Aptitude Software has built on the new business wins achieved in
the final quarter of 2020 with further successes in the opening
months of the current year. These successes include a significant
sale of both the Aptitude Accounting Hub and the Aptitude Insurance
Calculation Engine to a European insurer and a number of multi-year
contracts for the growing Solution Management Services offering.
The three market drivers of strategic compliance, finance
automation and finance transformation in the cloud have contributed
to these successes and the strengthening of the Group's new
business pipeline in the year to date.
The Board looks forward to the remainder of 2021 with confidence
and continues to anticipate a financial outcome at least consistent
with 2020. With a focused portfolio of product and service
offerings, an established SaaS capability, increasing worldwide
presence and a strengthening partner network the Board is confident
the Group is well-positioned to fully realise the significant
Aptitude Software Group plc
Ivan Martin, Chairman 020-3687-3200
Jeremy Suddards, Chief Executive Officer
Philip Wood, Deputy Chief Executive Officer and Chief Financial
Caroline Forde, Hilary Buchanan, Sam Modlin 020-3405-0205
About Aptitude Software
Aptitude Software's innovative solutions address the growing
trend for finance automation, whether part of a broad finance
transformation by a client or to address specific regulatory
requirements. Our various products take data from complex systems,
typically with multiple siloed data sources across multiple
business entities, perform complex accounting calculations and
create a unified view of finance. This allows our clients to reap
numerous benefits including significant efficiencies, business
insights, enhanced control and regulatory compliance.
Our clients include some of the world's largest companies,
typically organisations with complex financial data and technology
landscapes. Development, together with a growing number of other
services, continues to be performed at the Aptitude Innovation
Centre in Poland with sales, support and implementation services
provided from Aptitude Software's London headquarters and the North
American and Singaporean regional businesses.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact email@example.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
(END) Dow Jones Newswires
April 27, 2021 02:00 ET (06:00 GMT)