Agreed.Sad results.:(At a time when annual spend on risk...

Agreed.Sad results.:(
At a time when annual spend on risk management has been forecast to grow substantially, we lose revenue by 50%.
It's been 2 years ago since the last announcement for a decent sale (KPEI)
At that time, it was stated that "As a result of
the transaction we have been able to rapidly progress further opportunities in the region. ?
We have zilch since though each financial statement tells of the promise of increased enquiries, some nearing maturity.This despite our increased focus and investment in the sales team in the US and Europe and Asia.
Even the sale to KPEI has still not gone live and not sure if paid for.
Although income was announced as neutral we have 1 million dollars less in the bank from 6 mths ago.
SP is at all time low, despite "risk management" being a buzz word
Razor 3.0 was due in the first quarter, now , it seems if we will be lucky if it gets released at all this year.
Our existing clients are under threat.
Asx is about to be taken over, IDCG is floundering, and LCH Clearnet is rumoured to be a possible takeover target.
So as you say, the outlook is not too bright.

On the hopeful side, there is still no finalised legislation coming from the US or Europe and maybe clients are waiting to see what their requirements are. RZR's target of CCP's could be an expanding market and not a consolidating one. They have Gerry Lawlor apparently onside now (who was their contact man at IDCG) and here's hoping his expertise on CCP's will bring Razor to everyone's attention.
GBST no longer makes reference to what was their "strategic investment into RZR".Not sure what that means. :(
It also seems RZR's only income is coming from their razor software, their other software looks like they have become obsolete.
Is the razor software headed the same way?I hope not.
Cheers