Foresight Group Holdings Regulatory News (FSG)

4 Aug 2008 07:00



Focus Solutions Group  ("Focus" or the "Group")

New Strategic Alliance with Unisys UK

Focus Solutions, (AIM:FSG), a leading provider of proven enterprise solutions to the financial services market, is pleased to announce a strategic partnership with Unisys, a worldwide information technology consulting services and solutions company.

The partnership will provide Unisys with innovative technology from Focus Solutions for use on their multi-channel mortgage origination platform. Unisys selected focus:technology after a strategic review of the leading technology suppliers in the market.

Based on Focus' experience of creating sales automation and advanced web based applications, Unisys is set to tap into this expertise to create a powerful straight-through processing model aimed at the major banks and building societies across the UK and Ireland, selling high volumes of mortgage related business. 

Lenders for many years have been looking for a single solution from a single supplier in order to reduce the overall cost of ownership - this new partnership between Focus and Unisys will provide an innovative alternative. 

Focus' technology is currently being used to power Trigold's Electronic Trading Centre and this partnership deal now enables a lender to develop an e-application process and deploy this across multiple channels including;

Branch

Intermediary portal

Trigold

Call-Centre

Consumer portal

The same data is transferred directly into Unisys origination platform avoiding the need to re-key.

Richard Stevenson, Chief Executive, Focus Solutions Group plc, comments;

"We are delighted to be working with Unisys as we look to grow our brand further in the mortgage sector. The latest version of focus:technology dramatically reduces the associated costs for developing intermediary and consumer portals in an intelligent and dynamic fashion. Our clients want fast and adaptable solutions delivered with change in mind. We are currently actively engaged on several significant deals together."

Steve O'Loughlin, Unisys Head of Sales for Mortgages in the UK added;

"The Unisys origination platform (UMO) works seamlessly with the award winning UFSS mortgage and banking system and the partnership with Focus will improve further the ability to deliver true end to end process optimisation and business agility. UFSS is already a key business component used by half of the top UK lenders. We have a good relationship with Focus, based upon their can do attitude, technology and domain knowledge and this relationship will continue to help us maintain our market leading position." 

END

Enquiries:

Focus Solutions Group plc 01926 468300

Richard Stevenson - Chief Executive

Martin Clements - Finance Director

Daniel Stewart  020 7776 6550

Graham Webster/Chloe Ponsonby

Smithfield 0207 360 4900

Miranda Good/Will Henderson/Reg Hoare

Notes to editors:

About Focus Solutions Group plc

Focus Solutions is an established and proven supplier of enterprise solutions to the financial services industry in both the UK and Ireland. Focus has an unrivalled reputation, based upon vast experience, domain knowledge and technical expertise in delivering successful market leading sales automation solutions to some of the foremost financial institutions, providing a benchmark by which other vendors are judged.

Focus offers organisations an integrated whole office solution through a single technology platform - focus:360˚. A suite of modular, configurable components that provides a complete end to end technology solution for financial services distributors, combining front office solutions with sales process and support tools and back office capability - a first for the industry!

Focus has a successful track record of implementing multi-channel solutions across a broad range of financial services products to thousands of end users, enabling client's to concentrate on their core business - providing quality, compliant financial advice.

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

About Unisys UK

Unisys recognises that the quality of the customer experience is the differentiating factor in today's industry. In the UK we aim to improve internal processes and relationships to impact the way in which we engage with our customers.

Continued growth in the outsourcing and managed services markets combined with closer relationships with partners will deliver added value to customers. Our strength and experience in the systems integration arena is a major benefit to our customers.

We combine expertise in

Systems integration

Outsourcing

Infrastructure

Server technology

Consulting

We serve the following primary vertical markets worldwide

Financial services

Public Sector

Communications

Transportation

Commercial

See our Operating Principles to better understand how we achieve success in driving our client's business transformation forward.

http://www.unisys.co.uk