Contract win
ARML wins first North American state contract for STREAM GRC software platform, worth £103,000 over three years.
- Contract value £103,000
- Contract term 3 years
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Acuity (AIM: ACRM), the software group, is delighted to announce that its wholly owned operating subsidiary, Acuity Risk Management Limited (‘ARML’) which supplies the award-winning STREAM® software platform for the Governance, Risk and Compliance (“GRC”) market, together with associated consultancy services, has won its first contract with a North American state organisation.
Acuity will supply its STREAM® software platform for GRC to the organisation which suffered several cybersecurity incidents in 2023 so is seeking to enhance its systems with a cutting-edge solution geared towards cybersecurity and risk management. The contract is for three years (with a one-year break clause) and is worth £103,000 over those three years.
Angus Forrest, Executive Chairman, commented; “We are delighted that ARML has secured its first US state organisation and we hope this is one of many to come. This contract win provides credibility in a sector that we believe increasingly needs the solutions which STREAM® offers. Most new clients won by ARML start with a relatively small contract which then expands over the next few years and often benefits from referrals.”
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