Rubik secures Big Four
Australia's Big Four banks have renewed licensing contracts with software provider, Rubik Financial, to continue using the firm's COIN client base.
Rubik chief executive, Iain Dunstan, said each of the four banks had extended their licensing agreements for a minimum two-year term.
"We are very pleased that our long-standing relationships with clients are continuing," he said.
"With all major clients agreeing to extend their contracts beyond the usual one-year rollover, we believe they are showing support for our offering.
"These new contracts stand the business in good stead for the future."
Dunstan added that there had been an increased level of interest in financial services software, "with the pipeline now stronger than it has been in a number of years".
"There has been a lot of talk in the industry about dealer groups and IFAs considering their software options, and we are certainly seeing the results of this via the inquiries we are receiving and the work that our recently expanded sales team is doing," he said.
AUTHOR
Nicholas O'Donoghue
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