5 Year Contract Win with Stroud & Swindon

 

TIDMIEN 
 
RNS Number : 5670T 
Intelligent Environments Group PLC 
09 June 2009 
 

 
 
IEN.L 
 
 
 
Intelligent Environments Group PLC 
("IE" or "the Group") 
 
 
iE is an online software provider for the consumer banking market 
 
 
Five year contract with Stroud & Swindon Building Society 
 
 
IE is pleased to announce that it has signed a five year rolling contract 
with Stroud & Swindon Building Society ('Stroud & Swindon'), the UK's 12th 
largest building society with assets of cGBP3.2 billion. 
 
 
Stroud & Swindon is the latest financial services client to choose IE's online 
savings system, which will support online applications and account management 
for three of its savings and investment ranges -esaver, ISA and Bond. 
 
 
The new system is expected to go online in Q4 2009 and will deploy the latest 
version of IE's online banking product, NetFinance4, as part of this project. 
 NetFinance4 offers greater flexibility in how financial services companies 
choose to promote their products. The product is deployed with an integrated 
content management system and product factory so IE clients can themselves 
dynamically update and launch new content, products and rates. 
 
 
Phillip Blundell, Chief Executive, IE, commented: 
 
 
 "We are delighted to secure this prestigious contract with Stroud & Swindon 
Building Society. The real advantage NetFinance4 will deliver for Stroud & 
Swindon is the ability to manage all aspects of their online product portfolio 
themselves; from changing existing rates or application flow design to deploying 
new internet savings products. We look forward to extending our relationship 
with Stroud & Swindon further." 
 
 
 
 
Linda Will, Sales & Marketing Director, Stroud & Swindon Building 
Society, commented: 
 
 
 "Our primary aim in outsourcing development of our online savings channel was 
to find a supplier with a product solution, supported by a roadmap, that would 
enable Stroud & Swindon to secure new business via the internet and offer our 
existing customers greater flexibility in how they manage their money.  IE's 
software met all our tender requirements: it was proven in the financial 
services sector, it was highly secure and scalable, and it delivered the 
flexibility for us to launch, and then manage, new savings and investments 
products online. We now have the opportunity to extend Stroud & Swindon's 
footprint and cross sell products and services to a wider customer base more 
cost effectively." 
 
 
  For further information: 
 
 
+-----------------------------------------------+------------------------------+ 
| Intelligent Environments Group plc            | Tel: [phone]           | 
| Phillip Blundell, Chief Executive             |                              | 
| www.ie.com                                    |                              | 
|                                               |                              | 
+-----------------------------------------------+------------------------------+ 
| FinnCap                                       | Tel: [phone]           | 
| Charles Cunningham, NOMAD and Broker          |                              | 
|                                               |                              | 
+-----------------------------------------------+------------------------------+ 
| Biddicks                                      | Tel: [phone]           | 
| Shane Dolan                                   |                              | 
+-----------------------------------------------+------------------------------+ 
 
 
 
 
 
 
ABOUT STROUD & SWINDON BUILDING SOCIETY 
 
 
Stroud & Swindon has assets of cGBP3.2 billion.  The Society operates through a 
dedicated team of intermediary business development managers and a branch 
network of 22 offices and 19 agencies in the South West, complemented by a 
customer contact centre based in Gloucestershire and website 
www.stroudandswindon.co.uk. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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