Financial Objects Plc - FIO- Profile

Financial Objects plc. The Group's principal activity is providing technology solutions and services for banking and financial services, property asset management and document management, using IBM and Microsoft technologies. The Group's core products are activebank, a component-based solutions suite offering banking and wealth management solutions to banks and financial services organisations, and ibis s2, an international banking system. The activebank banking application suite comprises activebank Banking, activebank Wealth Management and activebank Risk Management. The ibis s2 comprises ibis s2 Private Banking, ibis s2 Commercial Banking and ibis s2 Inter Bank Operations. These products are sold by the Group on an international basis from the United Kingdom and branches in the United States of America, Singapore, Hong Kong, Luxembourg, the Czech Republic and India to banks and other financial service organisations. During 2005, the Group acquired Wealth Management Software PLC. Product Support accounted for 49% of 2005 revenues; Product Services, 38% and Product Licences, 13%