1st Nov 2023 14:24
Adsure Services PLC - Fareham, England-based provider of business assurance services to housing, healthcare, government, education and charities sectors - Says subsidiary TIAA Ltd has signed a new information and communications technology contract to upgrade its existing infrastructure and receive ICT support. Says contract will enable TIAA to consolidate its existing ICT platform and "provide several significant benefits including improved resiliency, increased support capacity and access to new technologies implementing the use of intelligent automation."
Chief Executive Officer Kevin Limn says: "This move to a new outsource provider enables TIAA to modernise its existing ICT environment and create opportunities to leverage the economies of scale created. This will all serve to enhance the customer experience we provide and form the foundation for future developments."
On Monday, Adsure started trading on on Aquis Stock Exchange with market capitalisation of about GBP4.8 million, based on 10.6 million shares in issue.
Current stock price: 45.00 pence
12-month change: Unchanged since it started trading on Monday
By Sabrina Penty, Alliance News reporter
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