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Financial Services contract win

15th May 2017 07:00

RNS Number : 0682F
Fusionex International PLC
15 May 2017
 

FOR IMMEDIATE RELEASE 15 May 2017

 

Fusionex International PLC

("Fusionex")

Financial Services contract win

 

Fusionex, a leading provider of Analytics and Big Data software, is pleased to announce that it has signed another million dollar, multi-year contract for its soon-to-be launched GIANT 2017 big data platform. The client, an Asian leading financial institution which provides loans to some of the largest companies in the region, will use GIANT 2017 to digitise its data management system.

 

Fusionex's GIANT 2017 data management platform will not only facilitate the client's day-to-day loan origination and servicing operations, but also cover the end-to-end corporate and personal loan processes. Using Fusionex's superior platform will provide powerful insights and summarise the client's entire portfolio and transactions, consolidating various structured, semi-structured and unstructured data.

 

Ivan Teh, Chief Executive Officer of Fusionex, commented:

"This is another example of the adaptability of GIANT to provide insights to a variety of industries. We look forward to helping the client start on their Big Data journey and gain a greater ability to monitor their ongoing business and strategise for the future by making informed decisions with the insights at hand."

 

For further details:

 

Fusionex

Ivan Teh, Chief Executive Officer

Yuen Choong Lai, Chief Financial Officer

Darren Hopkins, Director of Investor Relations & Corporate Development

Through Buchanan

 

Stifel

Fred Walsh, Neil Shah, Ben Maddison, Rajpal Padam

020 7710 7600

 

Peel Hunt

020 7418 8900

Richard Kauffer, Euan Brown

 

Buchanan

Giles Sanderson, Steph Watson, Patrick Hanrahan

 

020 7466 5000

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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