Focus inks HSBC consulting contract

Source: Focus Solutions Group

Focus, a leading provider of customer management solutions to the retail financial services market, has signed its first contract with HSBC Bank plc.

This initial contract, worth £850k, relates to the provision of consulting and
development services, which will be carried out in the main in the first half of
FY2007, to assist in the scoping of requirements for a major new project being
undertaken by the Bank.

This project will involve the development of a multi-channel sales support
system to support HSBC's multi-tie distribution channel for life, pensions and
investment products and will be launched in 2007.

Helen Roberts, Business Programme Manager, HSBC Bank plc commented; "Focus has successfully demonstrated its knowledge and ability to deliver multi-channel point of sale solutions into the highly regulated financial services market place and we are confident that the Company will provide an effective solution for our financial planning managers in 2007."

Richard Stevenson, Chief Executive, Focus Solutions Group plc added: "The growth of business with major retail banks such as HSBC is particularly important for the Group and increases our market penetration of the fast growing bancassurance sector. We look forward to developing our relationship further with HSBC in the future"

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