Focus seals HSBC deal

Software solutions provider Focus has signed a €8.8m contract with HSBC Bank for the development and supply of the first phase of a large-scale, multi-channel, point-of-sale system, to support HSBC's multi-tie distribution channel for life, pensions and investment products.

The majority of the contract value will be payable within the next 18 months and relates to the first major phase of a two-phase programme.

The full contract was awarded to Focus following its successful delivery of a development and consultancy project to scope the requirements for this major project for HSBC, earlier in the year.