CCK Financial Solutions Ltd (CCK) announces that it has received a letter of intent from National Australia Bank (NAB) for the purchase of CCK's Guava Suite.
The system will be used within NAB's Group Treasury, initially to handle its Structured Notes business.
Joseph Wong, Managing Director of CCK, said "CCK is delighted to win NAB as a client for our new generation system. The selection of Guava for NAB's Structured Notes business demonstrates the flexibility built into the system. CCK has made a substantial investment in this new technology, and this strategic win is further vindication of the effort put into the system by our development team."
"Winning this deal, following close behind two recent deals won in the Philippines, shows that Guava is receiving recognition for its richness of functionality."