Aptitude Software Group plc (LSE: APTD, formerly Microgen plc), a specialist provider of powerful financial management software to large global businesses, reports its audited preliminary results for the year ended 31 December 2019. Date: Thursday 30 May 2019 (Sharecast News) - Business software and services provider Aptitude Software Group has entered into an agreement to sell the entire issued share capital of its wholly-owned subsidiary Microgen Financial Systems (MFS) to Moscow Bidco, it announced on Thursday. These Terms and Conditions of Use and Privacy Statement (and any non-contractual obligations arising from them) shall be governed by the laws of England and if any dispute should arise, the parties shall submit to the exclusive jurisdiction of the English courts. Join us at RevConnect on May 16-17 in San Francisco, CA. ... Aptitude Software Recommended for you. This website uses the following additional cookies: Hubspot, Pardot, Google Remarketing, LinkedIn. The London-listed firm described Moscow Bidco as a newly-incorporated private limited company controlled by funds advised by Silverfleet Capital Partners, with the disposal being for an aggregate cash consideration of £51m. Aptitude Software will attempt to restore the service as soon as it reasonably can. This means that every time you visit this website you will need to enable or disable cookies again. It provides a suite of specialized finance management software applications for banking, healthcare, insurance, and telecommunications customers. All Rights Reserved. Aptitude Software may make changes to these Terms and Conditions of Use and Privacy Statement for legal or regulatory reasons or to allow proper use of the Website from time to time. Creating a world of financial confidence. … If you disable this cookie, we will not be able to save your preferences. This week we had the privilege of hosting IFRS 17 Events in both Toronto and New York City. By clicking “I agree” and downloading, installing, copying or otherwise using the software you agree to be bound by the terms of the software licence agreement and must adhere to its terms. About Aptitude Software. In the financial year ended 31 December, MFS generated revenue of £18.0m, adjusted operating profit of £7m, profit before taxation of £9.1m - benefitting from a £3.2m gain on the disposal of the small non-core payments business - and, as at year-end, had gross assets of £41.1m. Enabling finance departments to optimise performance, reach goals and be future-ready. A combined 65+ attendees representing 15 Insurers as well as a number of our advisory and implementation partners shared their IFRS 17 thoughts and concerns. Aptitude Software (formerly known as Microgen) is a company that develops, implements, and supports business-critical software. This website uses Google Analytics and Google Conversion to collect anonymous information such as the number of visitors to the site, and the most popular pages. You are seeing these quotes based on previous browsing related to sectors such as. © 2021 WebFG and Media Limited or its affiliated companies. QUALITY SYSTEMS AND GENERAL PRODUCT INFORMATION. Comply with IFRS 17 with confidence. TERMS AND CONDITIONS OF SALES. Investec Corporate and Investment Banking (“Investec”) has supported Aptitude Software Group plc (“Aptitude”) on its £51m disposal of Microgen Financial Systems (“MFS”). Access to this Website does not give any person any intellectual property rights whatsoever. Microgen Aptitude's powerful in-memory and in-database processing capabilities empower teams to create software that rapidly processes massive transaction volumes without the need for lengthy code optimisation cycles. Financial Management Software for the CFO office. 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Aptitude Software and Teradata help business and IT teams collaborate to derive maximum value from their existing financial IT infrastructure, including the data warehouse. {{ storiesRelated.scrollNewsPercent }}% Complete, Glaxo, Vir stop Covid trial early after drug shows 85% efficacy, Marston’s CEO Findlay to step down after 20 years, Citi stays at 'buy' on Aston Martin, says pricing trends remain strong, London midday: Stocks turn lower as investors eye ECB; ex-divs weigh, Rolls-Royce sticks to cash flow target after £4bn loss, Aptitude Software to sell Microgen in £51m deal, Secure Income positive on recovery after 2020 earnings plunge, Talks between Hikma and GlaxoSmithKline fail to secure a deal, Weekly US jobless claims continue falling at steady pace, EU approves J&J Covid-19 vaccine for use in people 18 and over, Glencore chairman Tony Hayward to step down, James Fisher swings to loss, lowers FY dividends, Pfizer-BioNTech vaccine 'dramatically' cuts Covid-19 cases - real-world study, Baidu to raise at least $3bn in Hong Kong listing in March. ForwardLane is a company that builds enterprise-scale strategic AI solutions for private wealth management, asset management and insurance. Microgen plc (LSE: MCGN) is a leading provider of business-critical software and services through its two operating businesses, Aptitude Software and Microgen Financial Systems. Aptitude Software endeavours to ensure that this Website is available 24 hours a day but shall not be liable if for any reason this Website is unavailable at any time for any period of time. We do this by providing finance teams solutions to run their businesses, forecast the outcomes of decisions, and comply with complex regulations. Our website uses strictly necessary, functional and targeting cookies to enhance your overall experience, to analyse your use and assist in our promotion and marketing efforts. Aptitude Software | 2,160 followers on LinkedIn. It said the disposal was conditional only on the approval of Aptitude's shareholders at a general meeting. info@aptitudesoftware.com UK: +44 (0)20 3687 3200 US: +1 (857) 201-3432 SG: +65 3165 2750 In certain areas of this Website, your data may be requested in order that we can send you relevant information. Aptitude Software (Microgen plc) Acquires RevStream, Pioneering Enterprise Revenue Lifecycle Management Company, to Form the Global Market Leader in Revenue Recognition and Management Quickly build business-critical software applications with Microgen Aptitude. The Aptitude board said it intended that the company would return a “significant majority” of the net cash proceeds to shareholders, unless more value-creating opportunities arose, and subject to prevailing market conditions. Business software and services provider Aptitude Software Group has entered into an agreement to sell the entire issued share capital of its wholly-owned subsidiary Microgen Financial Systems (MFS) to Moscow Bidco, it announced on Thursday. Microgen 5Series Fund Administration & Accounting Software Improve operational efficiency, reduce risk and cost Microgen 5Series is a modular system covering the day to day functions performed by Fund Administrators. In certain sections of this Website there may be links to other relevant web sites. Alongside its results for 2018, the group unveiled plans to spin off its financial systems business into a separate entity by the end of the calendar year and will rebrand as Aptitude Software Group from next month. Some alternative products to Microgen 5Series include Case Master Pro, LeanLaw, and uLaw Practice. Your Rev Rec Community. The Disposal is a major milestone in the Group's long-term strategy and signals the start of a new era in which there is a total focus on Aptitude Software and the specialist provision of powerful financial management software to large global enterprises. We welcomed over 30 attendees to the next stop on our IFRS 17 Roadshow in London. UK Terms and Conditions. APTITUDE, APTITUDE ALLOCATION ENGINE and the Triangles device are trademarks of Aptitude Software Limited and are used by Aptitude Software and its subsidiary companies and all rights are reserved. Aptitude Software cannot guarantee that the service will be fault-free. MICROGEN is a registered trademark of Microgen plc and is used by Microgen plc and its subsidiary companies and all rights are reserved. Technical Lead, Functional Lead, Project Management, Development, Training, Support The intellectual property rights, including but not limited to copyright, trademark, trade or business name, design or other proprietary rights, in the material contained in this Website shall vest in Aptitude Software, Microgen and/or its suppliers (as applicable, unless indicated otherwise) and no other person. Microgen | 1,372 followers on LinkedIn. Aptitude Software can be contacted by e-mail at the following address: info@aptitudesoftware.com. Our privacy statement is available here. Quality Certificates. MICROGEN is a registered trademark of Microgen plc and is used by Microgen plc and its subsidiary companies and all rights are reserved. Aptitude Software joins forces with Aptitude RevStream for the first time - presenting the 4th Annual RevStream User Conference in San Francisco, California. info@aptitudesoftware.com UK: +44 (0)20 3687 3200 US: +1 (857) 201-3432 SG: +65 3165 2750 Thus by using this Website you assume full responsibility for using the materials and information at this Website and you understand and agree that neither Aptitude Software nor its suppliers nor any of its employees is responsible or liable for any claim, loss, damage, costs or expenses resulting from its use. If you click the ‘Accept all cookies’ button, you are agreeing to have these cookies on your device.You can also adjust your preferences for each cookie category by clicking the adjust cookie settings link. In using this Website you are subject to these Terms and Conditions of Use and Privacy Statement and by accessing this Website in any way, including without limitation, downloading any materials or information you agree to be bound by these Terms and Conditions of Use and Privacy Statement. Keeping this cookie enabled helps us to improve our website. Microgen Financial Services Previously part of Aptitude Software Group (renamed from Microgen plc in March 2019), Microgen Financial Services is headquartered in Fleet, UK. Enable strictly Necessary cookie should be enabled at all times so that we can save your preferences of this does! By providing finance teams solutions to run their businesses, forecast the outcomes of decisions and... Improve our Website LeanLaw, and comply with complex regulations of Use and Website you to. ( MCGN ) is a front-end to APT, the Debian package manager Listeria ID expires aoac! 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