Huddlestock signs Consulting agreement with a European central bank

21 Jan 2025 15:03 CET

21.1.2025 15:03:54 CET | Huddlestock Fintech AS | Non-regulatory press releases

Huddlestock, a leading provider of investment technology and services through
its two business areas Investment-as-a-Service (IaaS) and Consulting (Visigon),
has entered into a new Consulting agreement with an undisclosed European central
bank. Visigon will assist the central bank in upgrading a treasury and capital
markets system to the newest version, with an expected project duration of six
to twelve months.

"Over the past 14 years, Visigon has supported large banks, investment managers,
fintechs, and startups throughout every stage of the capital markets software
delivery process. We leverage our expertise gained from working with businesses
of all sizes to benefit every client" says Lars Brink Thomsen, Deputy CEO of
Visigon.

The treasury and capital markets system to be upgraded at the central bank is
among other things used to govern the foreign currency reserves, and the same
standard software is used at many other financial institutions and government
entities across the world. Visigon holds a department of specialist engineers,
who are experts in maintaining, customizing and upgrading this global software.

"We are very happy to announce that our consultancy branch, Visigon, has
successfully secured a significant new contract solidifying our position as a
trusted partner. This is a pure reflection of the exceptional expertise of our
consultancy team, enabling us to drive meaningful value for our clients," says
Leif Arnold Thomas, CEO of Huddlestock.

Visigon bridge the gap between finance and technology in the evolving landscape
of capital markets and treasury, through Vendor solutions, Advisory services and
Software development. The group company provide industry-leading expertise with
a personalized approach, tailoring our services to the unique needs and goals of
every client.

CONTACTS

* Leif Arnold Thomas, Chief Executive Officer, Huddlestock Fintech AS, +47 982
15 520, leif.thomas@huddlestock.com

ABOUT HUDDLESTOCK FINTECH AS

Huddlestock is an innovative technology software provider through its
Investment-as-a-service offering, with full operational service support and a
leading financial Consultancy services business. We deliver innovative and
sustainable technology and operational solutions to companies offering financial
products and services.

Find out more at huddlestock.com - https://www.huddlestock.com/

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/18393003/5545/Download%20announce
ment%20as%20PDF.pdf

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