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Stock impact report

XBP Europe Selected for UK Government's G-Cloud 14 Framework [Yahoo! Finance]

XBP Europe Holdings, Inc. (XBP) 
Company Research Source: Yahoo! Finance
bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, today announced its UK subsidiary XBP Europe Limited (fka Exela Technologies Limited) has been awarded a place on the UK government sponsored government cloud, or ‘G-Cloud' 14 framework, which replaces the prior G-Cloud 13 framework. G-Cloud 14, managed by the Crown Commercial Service (CCS), the UK's biggest public procurement organisation, is a streamlined procurement framework designed to simplify the acquisition of cloud-based services by public sector organisations and to promote adoption of cloud computing. Public sector bodies are able to easily access and procure cloud services from pre-approved suppliers through the Digital Marketplace online portal. While no set number has been placed on the size of the G-Cloud 14 framework, it is estimated to be in excess of a cumulative total of £5 billion for all suppliers on the framework. XBP Europe will be providing its clo Show less Read more
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