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Fynapse Major Renewal and Customer Go-Live

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Fynapse platform secures three-year renewal worth £7.6m from charter customer and completes mid-market go-live.

  • Charter customer renewal TCV £7.6 million
  • Renewal period three years
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Aptitude (LSE:APTD), a market-leading provider of finance transformation software solutions specialising in fully autonomous finance, announces a significant renewal and a go-live for its Fynapse platform, Aptitude's intelligent finance data management and accounting platform.

The Group's charter Fynapse customer, a US-based global communications organisation, has renewed its contract for a further three years. The total contract value ("TCV") is £7.6 million, at an increased annual contract value, which also includes the renewal of licences for Aptitude's leasing and revenue recognition engines. This long-term renewal reflects the strength of the relationship and the value Fynapse continues to deliver as the customer's enterprise-wide system of record. Fynapse supports multiple high-volume finance domains for this organisation, underpinning complex operational and reporting requirements.

Aptitude has also completed a successful Fynapse go-live. The existing customer is now live on Fynapse for finance automation, data orchestration and general ledger reporting, fully integrated with Microsoft Dynamics 365 (D365), and is also using Aptitude's Lease Accounting Engine. This deployment highlights Fynapse's ability to support mid-market and Tier 2 organisations with modern automation capabilities and rapid, efficient implementation.

Together, the project go-live and renewal demonstrates the flexibility and scalability of Fynapse in serving both global Tier 1 enterprises and fast-growing Tier 2 organisations. This broad applicability expands the addressable market for the platform and reinforces Aptitude's position in delivering modern, intelligent finance transformation solutions.

Alex Curran, Chief Executive Officer, commented: "We are pleased to confirm these two milestones. Our charter customer's multi-year renewal highlights the long-term value Fynapse delivers and the trust we have built over several years. The successful go-live with a Tier 2 customer, fully integrated with D365, further demonstrates the platform's ability to support organisations of varying scale and complexity. These achievements underline Fynapse's growing relevance across the market and its capability to serve a broad range of customer needs, further supporting our ARR growth ambitions."

Aptitude Software Group plc020-3687-3200
Ivan Martin, Chairman
Alex Curran, Chief Executive Officer
Canaccord Genuity Limited020-7523-8000
Simon Bridges / Andrew Potts
Alma Strategic Communications
Caroline Forde / Hilary Buchanan020-3405-0205

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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