{"id":2413,"date":"2022-07-26T10:27:00","date_gmt":"2022-07-26T10:27:00","guid":{"rendered":"https:\/\/tenlifestylegroup.com\/?p=2413"},"modified":"2022-08-17T11:01:34","modified_gmt":"2022-08-17T11:01:34","slug":"corporate-client-development-americas","status":"publish","type":"post","link":"https:\/\/tenlifestylegroup.com\/2022\/07\/26\/corporate-client-development-americas\/","title":{"rendered":"Corporate Client Development in the Americas"},"content":{"rendered":"\n<p>We are pleased to announce that we maintain\u00a0our recent record of retaining 100% of our Material\u00a0contracts and\u00a0provide the following client developments in the Americas.<\/p>\n\n\n\n<p>Firstly, we won a competitive tender to launch a new digitally enabled concierge programme for the premium cardholders of an issuing bank in the Americas at the end of this financial year. This new deal with an existing global client represents a Medium<sup>1<\/sup>&nbsp;contract in FY 2023.<\/p>\n\n\n\n<p>Secondly, we successfully launched with certain Morgan Stanley ultra high net worth International Wealth Management clients in Latin America last month. This contract currently provides clients the opportunity to opt-in for our concierge services in their local markets and we expect it to be a Medium contract.\u00a0<\/p>\n\n\n\n<p>Finally, we are expanding an existing contract in the Americas by launching our concierge services to a new portfolio of cardholders later this summer, growing the number of eligible members. This is expected to grow the size of the existing Medium contract by the equivalent of another Medium contract in FY 2023.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>These developments are incorporated within our existing growth plan.<\/p>\n\n\n\n<p><br>To find out more about Ten Lifestyle Group, please click&nbsp;<a href=\"https:\/\/www.tenlifestylegroup.com\/ten-group-investors-overview\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>&nbsp;for our investor overview. To read the official RNS article, please click&nbsp;<a href=\"https:\/\/www.londonstockexchange.com\/news-article\/TENG\/corporate-client-development-in-the-americas\/15555745\">here<\/a>.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><em><sup>\u00a0Ten categorises its corporate client contracts based on the annualised value paid, or expected to be paid, by the corporate client for the provision of concierge and related services by Ten as: Small contracts (below \u00a30.25m); Medium contracts (between \u00a30.25m and \u00a32m); Large contracts (between \u00a32m and \u00a35m); and Extra Large contracts (over \u00a35m).\u00a0This does not include the revenue generated from suppliers through the provision of concierge services. Medium, Large and Extra Large contracts are collectively Ten&#8217;s &#8220;Material Contracts&#8221;.<\/sup><\/em><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are pleased to announce that we maintain our recent record of retaining 100% of our Material contracts and provide the following corporate client developments in the Americas.<\/p>\n","protected":false},"author":5,"featured_media":2414,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-2413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investors"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corporate Client Development in the Americas - Ten Lifestyle Group<\/title>\n<meta name=\"description\" content=\"Ten Concierge are pleased to announce we can provide the following corporate client developments in the Americas.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tenlifestylegroup.com\/2022\/07\/26\/corporate-client-development-americas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate Client Development in the Americas - 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