EG Solutions, the back office optimisation software company, has announced that it secured a further services contract from an existing UK enterprise customer in the financial services sector for the value of approximately £340,000, which will appear in the current financial year results.

According to the company, the new contract will improve the set-up of the EG software and provides operations management training and development services to all managers and team leaders across the operation.

Elizabeth Gooch, CEO of EGS said: "This latest order demonstrates EG's success in assisting existing customers to achieve ongoing financial benefits. It also provides further evidence of the strong demand we are experiencing since re-engineering our software."

The agreement will offer support for the client's strategic ideas by optimising back office performance and delivering further financial advantages.

Shares of the group rose 6.78 percent at 64.60 pence at 1227 pm BST.