EG Solutions plc US$2.7m multinational contract with global bank (0799B)
March 31 2017 - 1:00AM
UK Regulatory
TIDMEGS
RNS Number : 0799B
EG Solutions plc
31 March 2017
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014
31 MARCH 2017
eg solutions plc ("eg" or the "Company")
eg solutions US$2.7m multinational contract with leading global
bank
eg solutions plc (AIM: EGS), the back-office workforce
optimisation company, is pleased to announce that it has secured an
initial US$2.7m 3-year contract (the "Contract") with a global
bank, to deploy its eg work manager(R) data capture product to gain
real-time operational visibility and insights into the execution of
its processes. The Contract commences immediately with US$1.9m
recognisable in the current financial year.
Under the terms of the Contract, eg work manager(R) data capture
will be deployed to more than 50 countries across four global
regions: North America, Latin America, EMEA and APAC. The
deployment is scheduled to complete before the end of the 2017
calendar year and will span activities in capital markets,
corporate banking, investment banking, trade, treasury and
securities business units.
Elizabeth Gooch, CEO of eg solutions, commented: "I am delighted
to announce this new US$2.7m contract win, which further
demonstrates our ability to work for multinational blue chip
companies across multiple territories and languages, as we continue
to increase our UK and global presence as a leading supplier of
back office workforce optimisation software.
"This is just the first stage in adopting improved operational
management practices for this customer. eg work manager(R) data
capture enables our customers to adopt a big data approach to
measuring semi and unstructured interaction data to provide a
greater understanding of the effectiveness of business processes.
It will be used to support re-engineering and process
simplification activities for our customer to improve operational
efficiencies across its four global regions."
eg work manager(R) data capture is used to gain operational
visibility by enabling users to capture, track and analyse user
activities at the desktop in order to realise process and
operational improvements. For more info visit:
http://egoptimize.com/eg-work-manager-data-capture/
ENDS
CONTACTS
+44 (0) 1785
eg solutions plc 715772
Elizabeth Gooch
Michael Woolley
+44 (0)20
N+1 Singer 7496 3000
Shaun Dobson
Gillian Martin
Yellow Jersey PR Limited
+44 (0) 7748
843871
Felicity Winkles +44 (0) 7769
Joe Burgess 325254
About eg solutions plc
eg solutions is a back office workforce optimisation software
Group. eg pioneered this new market space and developed the most
complete, purpose built workforce optimisation software for back
offices - the only solution that manages work, people and
end-to-end processes wherever they are undertaken, anywhere in the
world.
eg solutions' software is now used by leading UK, international
and global companies in multiple industry sectors including
financial services, healthcare and utilities. Using its
forecasting, scheduling, real-time work management and operational
analytics capabilities, eg delivers measureable improvements in
service, quality, productivity and regulatory compliance. When
supported by eg's implementation and training services eg guarantee
a return on investment in short timescales.
The Group is listed on AIM, the London Stock Exchange's
international market for smaller growing companies (EGS).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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