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Skyfii wins big in the financial sector with HSBC deal

Skyfii wins big in the financial sector with HSBC deal

The three-year master services agreement sees Skyfii deploy its SaaS IO platform across HSBC's platform

Local data analytics and marketing services company, Skyfii (ASX:SKF) has landed its first contract within the banking and financial services sector, striking a new deal with HSBC Australia.

Under the three-year master services agreement, Skyfii will deploy its Software-as-a-Service IO platform across HSBC Australia’s branches in order to help improve overall customer experience.

Skyfii’s IO platform caters for multiple industries including retail, education, transport, government and now financial services.

“With our staff having worked closely alongside the team at HSBC, we are confident in our platform’s capability to meet the evolving needs of each branch,” Skyfii A/NZ managing director, John Rankin, said in a statement.

Skyfii added GPT Group to its list of customers in September, providing data analytics services to 18 of its retail properties. 

The publicly-listed Skyfii closed the 2017 financial year with a net loss after tax of $4.8 million, slightly less than the previous year when it posted a loss of $5.4 million.

The company's revenue was up 37 per cent, at $3.2 million.

Last month, Skyfii acquired the portfolio of customers from London-based guest Wi-Fi services provider Wicoms Wireless. Skyfii expects to expand its global presence into Europe and North America with the Wicoms acquisition.

In June 2016, Skyfii announced its global expansion with new offices in the UK and the US. At the time, the company also appointed Michael Owen and Andrew Clark to manage the London office.


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Tags SaaSFinancial ServicesHSBCSkyFii

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