Arcontech Group (LSE:ARC), the financial market-data software specialist, has signed a three-year contract worth approximately £800,000 with a major European bank, covering deployment of its software across the customer's trading infrastructure.
The contract is with a new customer and revenue recognition is expected to begin in the third quarter of calendar 2026, with Arcontech noting strong expansion potential across the bank's broader market-data estate.
In the same statement, the company confirmed that performance for the full year ended 30 June for both revenue and profit is in line with market expectations, though it noted those figures remain preliminary and subject to year-end close and audit review.