Jarvis Securities plc
22 January 2007
Contract Win, Performance Indicators
Jarvis Securities Plc ('Jarvis' or 'the Company') is pleased to announce that it
has made a promising start to 2007 by reaching agreement with a further
corporate client, Gradient Advisory Ltd. It is additionally in advanced contract
negotiations with another, which is now subject only to FSA regulatory approval.
Jarvis will be providing trade execution, settlement and custody functions
together with investment administration including PEP/ISA management.
The continued expansion of the outsourcing and Model B contracts have helped to
increase funds under administration and client numbers to record levels. During
2006 clients numbers rose by 19.6% and funds under administration reached in
excess of £300m at 31 December 2006 compared to £153m when the Company moved to
AIM in December 2004.
Despite these increases client service levels to the Company's retail and
institutional clients have been maintained. Jarvis achieves one of the lowest
formal complaints ratios and despite being call volume dependant achieves a
'calls answered in 3 rings' percentage of 88.5%. Further detailed performance
indicators and financial ratios will be released in our annual Financial
Statements that are due to be released later this month.
Jarvis Securities Plc Tel: 0870 224 1111
Daniel Stewart & Company PLC Tel: 0207 776 6550
This information is provided by RNS
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