Business
New Contract
New Contract.
About this update from Corero Network Security Plc
[{"type":"text","content":"\n Mondas PLC\n26 September 2006\n\n\n RNS Release Embargoed until 07.00 on 26 September 2006\n\n\n Mondas plc ('Mondas')\n\n\nMondas signs Charles Stanley Securities for Blue Curve.\n\nMondas, the AIM listed Financial Markets software specialist has secured an\norder to supply Charles Stanley Securities ('Charles Stanley') with its market\nleading Blue Curve research management software solution. The contract is for\nthe supply of licences, professional services, hosting and support fees, where,\nsubject to acceptance, the majority of the licence and services revenues will\nfall in this financial year.\n\nMondas will provide Charles Stanley with the majority of Blue Curve's modules,\nconsisting of its insight, create, process and reach products that will\nfacilitate the production and distribution of Charles Stanley research products.\nIn addition, this is the first time that Mondas will provide a fully managed\nhosting service in the UK which is expected to reduce the operational cost and\nallow the software to be used over the Internet.\n\nCharles Stanley expects the software to allow them to improve customer service,\ngain significant production efficiencies and to quickly expand the range and\ncomplexity of their research offerings. By opting for Blue Curve's managed\nservices they also expect that the operational risk and operational costs of\nrunning such a system will be relatively low.\n\nThe project will begin immediately with a phased approach, the first of which is\ndue to go live at the end of this year.\n\n'I am delighted that Charles Stanley Securities has selected Mondas for this\nvery important project.' said Jarlath McGee, Chief Executive of Mondas. 'Once\nagain Blue Curve has proven to be the product of choice for improving the\noperational processes of a large financial institution and underlines the wide\nmarket appeal of this product.'\n\nRichard Hickinbotham, Head of Equities at Charles Stanley Securities said\n'Having worked with Mark and his team at a previous firm, I have first hand\nexperience of Blue Curve and the benefits it can bring. At Charles Stanley we\nintend to improve significantly the breadth and depth of the research service we\noffer our clients. Having a reliable and effective software platform in place\nwill be a major step towards achieving that goal. '\n\nMark Robertson, Director, Mond...