Business
Ten Wins Contract With American Bank
Ten Wins Contract With American Bank.
About this update from Ten Lifestyle Group Plc
[{"type":"text","content":"\n \nRNS Number : 8535F Ten Lifestyle Group PLC 26 February 2018 \n\n \nTen Lifestyle Group plc\n(\"Ten\" or the \"Company\")\n \nTen Wins Contract with American Bank\n \nTen Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel platform for the world's wealthy and mass affluent, is pleased to announce it has won a multi-year contract with one of America's Premier Private and Business Banks, headquartered in California, to provide concierge services to its high and ultra-high-net-worth clients. \nThis is Ten's first contract with the bank and follows a competitive tender in which Ten has replaced the incumbent provider. The first phase of the roll-out has been completed, with the offline concierge service offering having gone live.\n \nTen will provide members with a premium travel and lifestyle concierge service, including access to unique offers, benefits, and localised events, as well as access to its leading digital platform among other services.\n \nThe contract is expected to be a Medium contract1.\n \nMalcolm Berry, President, Americas, Ten Lifestyle Group plc, said;\n\"We are thrilled to have been chosen as a key partner here in the United States of America and are excited to be providing this major player with Ten's digital platform to give members the most relevant personalised information, through their preferred channel and with the ability to transact digitally, too.\"\n \n(1) Contracts where Ten provides concierge and related services where the annual value of net revenue is between £250,000 and £2 million.\n \n- End -\nEnquiries:\nTen Lifestyle Group Plc via Tavistock\nAlex Cheatle, Chief Executive Officer\nSean Hegarty, Chief Financial Officer\nKerry Anderson, Head of PR +44 (0)20 7479 3427\n \nJefferies International Limited&nb...