Following launch and a successful proof of concept for Market Edge Intelligence, the Renfrewshire-based company has signed a five-year agreement worth $4.8m with one of the world’s largest banks.

The contract will be revenue-earning immediately, further supporting the board’s FY26 expectations. Over time, it has strong expansion potential across the customer’s wider trading infrastructure.

The software is believed to be the world’s first AI/machine learning solution of its type, turning raw, complex, market and network data into clear, actionable intelligence so customers can spot issues, predict problems, and find hidden trading opportunities that traditional monitoring cannot detect.

Gordon McArthur, chief executive, said: “Securing our first Market Edge Intelligence contract with one of the world’s largest banks is an important early validation of the offering.

“It also underlines our ongoing evolution from a provider of infrastructure to a strategic partner providing clients with actionable insight to support performance and growth in an increasingly complex market landscape.

“We remain confident in delivering a full year performance in line with expectations, supported by a growing pipeline across each of our offerings.”