Huddlestock signs Consulting agreement with a European central bank

Huddlestock, a leading provider of investment technology and services through its two business areas Investment-as-a-Service (IaaS) and Consulting (Visigon), has entered into a new Consulting agreement with an undisclosed European central bank. Visigon will assist the central bank in upgrading a treasury and capital markets system to the newest version, with an expected project duration of six to twelve months.

“Over the past 14 years, Visigon has supported large banks, investment managers, fintechs, and startups throughout every stage of the capital markets software delivery process. We leverage our expertise gained from working with businesses of all sizes to benefit every client” says Lars Brink Thomsen, Deputy CEO of Visigon.

The treasury and capital markets system to be upgraded at the central bank is among other things used to govern the foreign currency reserves, and the same standard software is used at many other financial institutions and government entities across the world. Visigon holds a department of specialist engineers, who are experts in maintaining, customizing and upgrading this global software.

“We are very happy to announce that our consultancy branch, Visigon, has successfully secured a significant new contract solidifying our position as a trusted partner. This is a pure reflection of the exceptional expertise of our consultancy team, enabling us to drive meaningful value for our clients,” says Leif Arnold Thomas, CEO of Huddlestock.

Visigon bridge the gap between finance and technology in the evolving landscape of capital markets and treasury, through Vendor solutions, Advisory services and Software development. The group company provide industry-leading expertise with a personalized approach, tailoring our services to the unique needs and goals of every client.