Fusionex International PLC Financial Services contract win (0682F)
May 15 2017 - 2:00AM
UK Regulatory
TIDMFXI
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 Through Buchanan
Yuen Choong Lai, Chief Financial
Officer
Darren Hopkins, Director of Investor
Relations & Corporate Development
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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