Falling down

Article Abstract:

London Bridge Software provides software for banks dealing with bad debt and credit risk with Debt Manager as its main package. The company claims lack of competition for the UK market but this view is not backed up by industry sources. The company also produces operating software for predictive models and integrated systems have more future in this market than stand-alone systems such as supplied by London Bridge. The company is expanding abroad and seeks to grow through acquisitions.

Financial & Acctg Software Pkgs

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London Bridge Software

Article Abstract:

London Bridge Software specialises in credi risk management software and is likely to see a strong rise in sales following a US deal. The company will have to move to new markets to secure long-term growth, and it is unclear whether its sales structure is strong enought to support such a move. The company expects better access to European markets following European monetary union. Deferred contracts have a major impact on results due to the cost of the company's software.

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Rewards in considering consumers

Article Abstract:

Recognition Systems has developed a product that permits companies to target consumers more effectively. The company's sales rose in the half year to Mar 1999, to more than the level for the whole of 1997-1998. A contract with American Securities Group has been signed, and this should bring in $1 million in a 12 month period. The company is likely to report a loss for 1998-1999, but thisis forecast to drop to 1.2 million pounds sterling, with profits achievable later.

Recognition Systems Group

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