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9 Spokes and Microsoft see significant user traction for Bank of New Zealand white-label deployment

Proactive Investors Monday, 17 June 2019
9 Spokes International Ltd (ASX:9SP) is making strong progress on its most recent banking partner contract with Bank of New Zealand (BNZ), achieved through the Microsoft One Commercial Partner co-selling partnership. BNZ's My Business Live service, delivered on the 9 Spokes platform, has seen significant initial user traction with adoption rates tracking at the strongest level seen to date on a 9 Spokes white-label deployment. READ: 9 Spokes shares surge after its platform goes live with Bank of New Zealand Effective collaboration between BNZ and 9 Spokes, including strong go to market activation, has been central to achieving early success. 9 Spokes CEO Adrian Grant said: "Both 9 Spokes and BNZ have been very happy with progress since the 9 Spokes SMB platform went live with BNZ last month. “User adoption, engagement and feedback has been very pleasing and are well ahead of any first-month metrics seen to date on a 9 Spokes white- label deployment. READ: 9 Spokes International raising up to $5.98 million to pursue growth opportunities “Further, when we announced our IP co-sell status with Microsoft, we highlighted the fact that Microsoft has established credentials with key banking clients in Europe, Asia-Pacific, and Australia & New Zealand. “We also said that we would move quickly with Microsoft to capitalise on the partnership. “We're delighted to recognise the BNZ contract as the first success under our co-selling arrangement with Microsoft and look forward to announcing future contracts as a result of our deepening relationship. “Importantly, our relationship with Microsoft is about much more than co-selling, it extends to enabling technologies and we look forward to announcing deeper technology collaborations in due course."   As part of the One Commercial Partner program, Microsoft incentivises its sales teams to co-sell the 9 Spokes platform into key global banking communities. The model is specifically designed to help approved partners like 9 Spokes enter new markets, and scale quickly, by tapping into the deep customer relationships and technical expertise of Microsoft's enterprise sales teams around the world.
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