Contract Win

RNS Number : 6635L

Corero PLC

11 May 2010

 

11 May 2010

Corero PLC

("Corero" or "the Group")

 

Standard Bank selects Blue Curve as new Research Production Platform

Corero plc, a leading provider of financial research software solutions to the securities industry, announces that it has signed an agreement with Standard Bank Group, one of South Africa's largest financial services organisations, for its Blue Curve product suite.

Standard Bank will implement Blue Curve within its Corporate and Investment Banking division to help provide enhanced research services to its customers.  The new solution will provide Standard Bank with an improved research production process, including financial data management, document production and compliance management.  The solution will initially be installed in the Nigerian, Turkish and Kenyan offices, with a rollout to all research analysts to follow.

Corero will host the Blue Curve software, allowing it to be accessed across the Internet by all Standard Bank analysts, whatever their location.   

"Standard Bank is a prestigious organisation and we're delighted that it has chosen Blue Curve as its research production platform", said Mark Robertson, Managing Director of Corero Financial Markets.  "Standard Bank needed a solution that could be installed quickly, but at the same time, being a major bank, it had to be satisfied that the security and architecture also met its requirements.  I'm pleased to say that Blue Curve v5 ticked all the boxes."

 

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Enquiries:

Corero plc
Mark Robertson, Managing Director Financial Markets	Tel: [phone]
Merchant John East Securities Limited
John East / Virginia Bull	Tel: [phone]
College Hill
Jamie Ramsay	Tel: [phone]

 

About Corero

Corero plc (London: CORO) designs, develops and delivers market leading software products for financial institutions through its Financial Markets Division, and business and education markets through its Business Systems Division.

Blue Curve software allows organisations to vastly improve the production and distribution of their financial research. It collates and presents complex financial data efficiently and quickly for analysts to make informed opinions on market conditions and trends. It speeds up the process of content creation, content approval and publishing. And it also makes sure that each piece of content conforms to the correct regulatory requirements, and that it gets sent to the right people, using the right method and at the right time.

For more information on Corero, please visit our website at http://www.corero.com

About Standard Bank Group

Standard Bank Group, which is headquartered in Johannesburg, South Africa and is listed on the Johannesburg Stock Exchange)). is the largest South African bank by assets and earnings.

Standard Bank is represented in 33 countries and employs more than 50,000 people.  With 6,500 points of representation (including branches and offices) in Africa, Standard Bank is one of the biggest banking networks on the continent.

For more information on Standard Bank, please visit the website at http://www.standardbank.com

 

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