23 August 2017
Visit http://response.ncr.com

Financial Objects reports £1 million activebank contract

10 December 2004  |  3698 views  |  0 Financial Objects logo

UK banking technology vendor Financial Objects has won a £1 million contract with the Swedish National Debt Office, Riksgaldskontoret, for the supply and implementation of its activebank technology.

The contract was secured through Financial Objects' Swedish partner by way of a public EEC tender.

Under the terms of the agreement, Financial Objects will supply a modified version of the product while the vendor's local partner will deliver and implement the system.

Financial Objects says the contract is worth £540,000 with further support of the product being undertaken under a five-year maintenance agreement. The major part of the initial contract value is expected to fall to revenue during 2005.

The company's stock was up four per cent at 52 pence in mid-morning trading.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Financial Objects reaps rewards of Siemens' reseller deal

Financial Objects reaps rewards of Siemens' reseller deal

06 September 2004  |  4895 views  |  0 comments
Cost cuts help Financial Objects return to profitability

Cost cuts help Financial Objects return to profitability

18 August 2004  |  3161 views  |  0 comments
Financial Objects establishes Bangalore development centre

Financial Objects establishes Bangalore development centre

06 April 2004  |  2915 views  |  0 comments
Financial Objects rises on Siemens deal

Financial Objects rises on Siemens deal

17 February 2004  |  2903 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.euvisit www.vasco.comvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
19751 views comments | 43 tweets | 80 linkedin
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
13325 views comments | 28 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11942 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
11187 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
11056 views comments | 10 tweets | 8 linkedin