Arcontech secures three-year, £0.8m contract

(Sharecast News) - Arcontech said on Monday that it had secured a three-year contract worth about £800,000 with a major European bank for its CityVision real-time market data platform. The AIM-traded company said the deal, won after a competitive bidding process, would see its software deployed across parts of the bank's trading infrastructure, with revenue recognition expected to start in the third quarter of 2026.

Arcontech said the new customer offered "strong expansion potential" across its wider market-data estate, adding that revenue and profit for the year ended 30 June were in line with market expectations.

At 1231 BST, shares in Arcontech Group were up 6.09% at 82.22p.

Reporting by Josh White for Sharecast.com.

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