Business
Contract Extension with HSBC
Contract Extension with HSBC.
About this update from Foresight Group Holdings Ltd.
[{"type":"text","content":"\n RNS Number : 7768S Focus Solutions Group PLC 16 September 2010 \n \n\n\n\n\n\n \nPress Release\n\n\n \n 16 September 2010\n\n\n\n\nFocus Solutions Group plc\n(\"Focus Solutions\" or the \"Group\")\nContract Extension with HSBC\nFocus 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 extended its contract with HSBC Plc, one of the largest banking and financial services organisations in the world. The contract extension is worth approximately £1.0 million, the majority of which will be recognisable within the current financial year.\n \nUnder the terms of the contract, HSBC will be extending their wealth management financial planning system, which was initially developed by Focus Solutions. The extension of the system will be rolled out to over 600 users from January 2011.\n \nCommenting on the contract extension, Richard Stevenson, CEO of Focus Solutions said, \"We are delighted that HSBC have extended their contract with us to support their wealth management strategy. It is testament to the architecture and design of the solution that Focus Solutions has developed for HSBC that it can be extended to support other areas of their business as their ambitions grow and evolve. This is further evidence that Focus Solutions has the products, the experience and the skill to support the world's leading financial services organisations with multi-channel wealth management and product distribution.\"\n\n- Ends -\n \n\n\n\n\nFor further information:\n\n\n\n\n\n\n\nFocus Solutions Group plc\n\n\n\n\n\n\n\nRichard Stevenson, Chief Executive \n\n\nTel: +44 (0) 1926 468300\n\n\n\n\nMartin Clements, Finance Director\n\n\nwww.focus-solutions.co.uk\n\n\n\n\n\n\n\n\n\n\n\n\nFinnCap \n\n\n\n\n\n\n\nMarc Young / Charlotte Stranner\n\n\nTel: +44 (0) 20 7600 1658\n\n\n\n\nSimon Starr (broking)\n\n\nwww.finncap.com \n\n\n\n\n \nMedia enquiries:\n\n\n\n\n\n\n\nAbchurch \n\n\n\n\n\n\n\nHeather Salmond / Joanne Shears / Mark Dixon\n\n\nTel: +44 (0) 20 7398 7709\n\n\n\n\[email protected]\n\n\nwww.abchurch-group.com \n\n\n\n\n \nNotes to editors:\n \nAbout Focus Solutions Group plc\nFocus Solutions is an established and proven supplier of multi-channel distribution soft...