eg solutions US$2.7m multinational contract with leading global bank

PRESS RELEASE: eg solutions plc, the back-office workforce optimisation company, is pleased to announce that it has secured an initial US$2.7m 3-year contract with a global bank, to deploy its eg work manager® 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® 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® 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® 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: capture/

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014