Imaginatik signs full-service deal with US investment management firm

Imaginatik announced on Wednesday that it has signed a new contract for its ‘full-service innovation offering’ with an unnamed large US-based investment management company.

The AIM-traded firm said the initial contract was for a three-year term, and was valued at approximately $0.5m.

It said the contract would see Imaginatik deliver a “comprehensive full service innovation solution” consisting of its enterprise innovation software platform and consultancy services, including innovation strategy advisory work and innovation capability building.

“We are pleased to have signed a large, full service contract with another new customer, further adding to our blue-chip client base,” said Imaginatik executive chairman Matt Cooper.

“We continue to believe that in order for an organisation to build and sustain a business-critical innovation ethos and competency, technology and consultancy need to be implemented in a joined-up way.

“Our unique ability to provide consultancy services and also deliver innovation programmes through our software platform remains a powerful differentiator in the market and we are pleased to see this resonating with our target market.”