5 Year Contract Win with Stroud & Swindon
09 6월 2009 - 3:00PM
UK Regulatory
TIDMIEN
RNS Number : 5670T
Intelligent Environments Group PLC
09 June 2009
IEN.L
Intelligent Environments Group PLC
("IE" or "the Group")
iE is an online software provider for the consumer banking market
Five year contract with Stroud & Swindon Building Society
IE is pleased to announce that it has signed a five year rolling contract
with Stroud & Swindon Building Society ('Stroud & Swindon'), the UK's 12th
largest building society with assets of cGBP3.2 billion.
Stroud & Swindon is the latest financial services client to choose IE's online
savings system, which will support online applications and account management
for three of its savings and investment ranges -esaver, ISA and Bond.
The new system is expected to go online in Q4 2009 and will deploy the latest
version of IE's online banking product, NetFinance4, as part of this project.
NetFinance4 offers greater flexibility in how financial services companies
choose to promote their products. The product is deployed with an integrated
content management system and product factory so IE clients can themselves
dynamically update and launch new content, products and rates.
Phillip Blundell, Chief Executive, IE, commented:
"We are delighted to secure this prestigious contract with Stroud & Swindon
Building Society. The real advantage NetFinance4 will deliver for Stroud &
Swindon is the ability to manage all aspects of their online product portfolio
themselves; from changing existing rates or application flow design to deploying
new internet savings products. We look forward to extending our relationship
with Stroud & Swindon further."
Linda Will, Sales & Marketing Director, Stroud & Swindon Building
Society, commented:
"Our primary aim in outsourcing development of our online savings channel was
to find a supplier with a product solution, supported by a roadmap, that would
enable Stroud & Swindon to secure new business via the internet and offer our
existing customers greater flexibility in how they manage their money. IE's
software met all our tender requirements: it was proven in the financial
services sector, it was highly secure and scalable, and it delivered the
flexibility for us to launch, and then manage, new savings and investments
products online. We now have the opportunity to extend Stroud & Swindon's
footprint and cross sell products and services to a wider customer base more
cost effectively."
For further information:
+-----------------------------------------------+------------------------------+
| Intelligent Environments Group plc | Tel: 020 8614 9800 |
| Phillip Blundell, Chief Executive | |
| www.ie.com | |
| | |
+-----------------------------------------------+------------------------------+
| FinnCap | Tel: 020 7600 1658 |
| Charles Cunningham, NOMAD and Broker | |
| | |
+-----------------------------------------------+------------------------------+
| Biddicks | Tel: 020 7448 1000 |
| Shane Dolan | |
+-----------------------------------------------+------------------------------+
ABOUT STROUD & SWINDON BUILDING SOCIETY
Stroud & Swindon has assets of cGBP3.2 billion. The Society operates through a
dedicated team of intermediary business development managers and a branch
network of 22 offices and 19 agencies in the South West, complemented by a
customer contact centre based in Gloucestershire and website
www.stroudandswindon.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
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