Report
Rodney Nelson

Guidewire’s Transition Won’t Be Linear, but Cloud Demand Reinforces our Long-Term Thesis

Guidewire reported third-quarter results that were in line with our expectations as the firm continues to see elevated interest in its core cloud products. The firm added two new InsuranceSuite Cloud customers in the quarter, including a Tier 1 insurer, and management remains confident in the firm’s ability to add four or five total InsuranceSuite Cloud customers in fiscal 2018. CFO Curtis Smith provided an early look at fiscal 2019 that appears to be in line with our prior expectations as the b...
Underlying
GUIDEWIRE SOFTWARE INC.

Guidewire Software provides a technology platform, composed of software, services, and a partner ecosystem, for the property and casualty insurance industry. Guidewire InsurancePlatform? consists of cloud and on-premise applications to support core operations, data management and analytics, and digital engagement and is connected to various data sources and third party applications. The company's operational platforms include: Guidewire InsuranceSuite, which comprises of PolicyCenter, BillingCenter, and ClaimCenter applications; and Guidewire InsuranceNow, which provides policy, billing and claims management functionality to insurers that prefer to subscribe to a cloud-based, all-in-one solution.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Rodney Nelson

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