HSBC extends Focus consulting contract
Focus, a leading provider of adaptive software solutions, has announced that it has extended its contract with HSBC Bank plc for the provision of consulting and development services.
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This initial contract, which was announced 4 August 2006 and worth £850k, has been extended further by £430k, with the additional revenue payable in November 2006. The HSBC contract is now generating over £200k revenue a month for the Group.
Richard Stevenson, Chief Executive, Focus Solutions Group plc added: "We are delighted that HSBC has extended its contract with Focus, demonstrating their commitment and accentuating the strategic value of this project to the organisation. The bancassurance sector continues to be a prime market for Focus and one that we will continue to target in the future."