Financial software and service provider Praemium (ASX:PPS) has announced that its UK subsidiary has won a contract to provide its dps Select service for an investment manager.
Praemium will use its dps Select service to handle investment portfolios for Montague Capital’s clients in accounting and financial service firms, Praemium said.
“Our arrangements with Montague Capital reflect yet another successful stage in our expansion into the lucrative UK market,” Praemium group MD Arthur Naomidis said.
The financial terms of the deal were not disclosed.
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