Business
Re Contract with HSBC
Re Contract with HSBC.
About this update from Foresight Group Holdings Ltd.
[{"type":"text","content":"\n Focus Solutions Group PLC\n27 November 2006\n\n\n\n Focus Solutions Group plc (\"Focus\" or \"the Group\")\n\n Focus signs £6 million contract with HSBC Bank plc\n\nFocus, a leading provider of adaptive software solutions, has signed a £6\nmillion contract with HSBC Bank plc for the development and supply of the first\nphase of a large-scale, multi-channel point of sale system, to support HSBC's\nmulti-tie distribution channel for life, pensions and investment products.\n\nThe majority of the contract value will be payable within the next 18 months and\nrelates to the first major phase of a two phase programme.\n\nThe full contract was awarded to Focus following its successful delivery of a\ndevelopment and consultancy project to scope the requirements for this major\nproject for HSBC, earlier in the year.\n\nRichard Stevenson, Chief Executive, Focus Solutions Group plc added:\n\n\"This contract with HSBC is Focus' largest bancassurance win to date and we are\nextremely proud to have such a prestigious banking organisation as a customer.\nThis is our second major contract with a large high street bank and we are\ndeveloping a strong market position in the fast growing bancassurance sector. We\nhave a proven delivery capability in this market and with contracts of\nsignificant size, see it as a key growth opportunity for the organisation in the\nfuture.\"\n\n -END-\n\nEnquiries:\n\nFocus Solutions Group plc\n01926 468300\n\nRichard Stevenson - Chief Executive\nMartin Clements - Finance Director\n\nSeymour Pierce Limited\n\n0207 107 8000\n\nMark Percy\n\n\nNotes to editors:\n\n\nAbout Focus Solutions Group plc\n\nFocus is an established supplier of easily configured & re-usable component\nbased software & business services, which enable faster, more effective & cost\nefficient processing of complex customer transactions.\n\nFocus has helped some of the world's leading public & private sector\norganisations to successfully automate their most demanding customer processes.\n\nFor further information on Focus, please visit www.focus-solutions.co.uk.\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n ","length":2245,"tagName":"div"}]