Foresight Group Holdings Regulatory News (FSG)

24 Dec 2008 07:00



Focus Solutions Group plc

("Focus" or the "Group")

Focus Solutions signs first bancassurance client for focus:360°

Focus Solutions, (FSG:AIM) a leading supplier of enterprise solutions to the financial services market, is pleased to announce it has signed the first phase of a five year contract with Bank of Ireland Life for an initial value of circa £543,000. 

The contract is based upon Focus Solutions' market leading focus:360° software which is being configured to meet Bank of Ireland's Life specific business and technical requirements. 

The solution has been designed to operate both online and offline and will support a number of distribution channels going forward.

Richard Stevenson, Chief Executive, Focus Solutions Group plc, commented, "Focus continues to build upon its extensive experience of delivering multi-channel point of sale systems within the bancassurance sector with the acquisition of its first focus:360° customer. We firmly believe that Focus is in a unique position to provide Bank of Ireland Life with a compelling, high quality solution that will enhance the customer experience, improve adviser productivity and increase sales revenues for the business. This contract further underlines our expansion into the Irish market." 

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About Focus Solutions Group plc

Focus Solutions is an established and proven supplier of enterprise solutions to the financial services industry in the UK, Ireland and more recently across Europe.

Focus has delivered over 100 complex front office projects with multiple integration points and partners to a blue chip client base including 8 out of the top 10 UK Life & Pension providers, a number of leading bancassurers including the likes of HSBC, Irish Life and Barclays, significant wealth management players such as St James's Place and a number of mortgage. The technology truly enables straight through processing whilst providing an engaging client and adviser experience to submit and service business electronically.

focus:360° is at the core of all client implementations providing a single, agile, multi-channel technology platform. Focus has brought together three key areas of expertise: software, consultancy and service delivery. This totally integrated approach means clients can distribute any product across any channel. At the same time they can maintain an enterprise-wide view of the customer value and risk. 

For further information on Focus, please visit www.focus-solutions.co.uk

About Bank of Ireland

Bank of Ireland Life is an independent company within the Bank of Ireland Group. It provides Life, Pensions, Savings and Investment products, which are distributed in over 270 Bank of Ireland branches throughout the Republic of Ireland.

Bank of Ireland Life offers customers the accessibility and availability of professional financial advice through their local Bank of Ireland branch. In every Bank of Ireland branch, there is an Insurance & Investments Manager, who is committed to providing quality advice and specialist expertise to help customers find the best financial solution to meet their medium to long-term needs. 

www.bankofirelandlife.ie