New Retail Bank Contract Win

RNS Number : 0084S

Focus Solutions Group PLC

02 September 2010

 



Press Release

2 September 2010

Focus Solutions Group plc

("Focus Solutions" or the "Group")

New Retail Bank Contract Win

Focus Solutions Group plc (AIM:FSG), a leading provider of multi-channel distribution software to the global financial services industry, is pleased to announce that it has signed a new contract with a major global retail bank client ("retail bank") in relation to the requirements for their mortgage distribution product in the UK.

Under the terms of the contract, Focus Solutions will work with the retail bank to agree the requirements to implement the Group's focus:360° product for the distribution of the retail bank's mortgage products throughout the UK. Based on positive results of this first stage exercise, there is potential for focus:360° to be utilised for this project.

Commenting on the new client contract, Richard Stevenson, CEO of Focus Solutions, said, "We are delighted to be engaged with yet another major UK retail bank on a key distribution project for their business. Through this contract we are now working with 3 out of the top 4 banks in the UK, all of whom are major players on the global stage, and this demonstrates further diversification of our customer base."

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For further information:
Focus Solutions Group plc
Richard Stevenson, Chief Executive	Tel: [phone]
Martin Clements, Finance Director	www.focus-solutions.co.uk
FinnCap
Clive Carver [e-mail]	Tel: [phone]
Charlotte Stranner [e-mail]
Simon Starr [e-mail]	Tel: [phone] www.finncap.com
Media enquiries:
Abchurch
Heather Salmond / Joanne Shears / Mark Dixon	Tel: [phone]
[e-mail]	www.abchurch-group.com

Notes to editors:

About Focus Solutions Group plc

Focus Solutions is an established and proven supplier of multi-channel distribution software to the global financial services industry.  

Focus has delivered over 100 complex front office projects with multiple integration points and partners to a blue chip client base including 8 out of the top 10 UK Life & Pension providers, a number of leading bancassurers including the likes of HSBC and Irish Life, significant wealth management players such as St James's Place and a number of mortgage providers.  The technology truly enables straight through processing whilst providing an engaging client and adviser experience to submit and service business electronically. 

focus:360° is at the core of all client implementations providing a single, agile, multi-channel technology platform.  Focus has brought together three key areas of expertise: software, consultancy and service delivery. This totally integrated approach means clients can distribute any product across any channel. At the same time they can maintain an enterprise-wide view of the customer value and risk.

For further information on Focus, please visit www.focus-solutions.co.uk

 

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