Wrkr Ltd (ASX: WRK), a leading workforce compliance solutions provider, has achieved a notable market win by securing a contract to enhance employer solutions, specifically the clearing house and SuperStream Gateway infrastructure, for Link Group, a prominent player in Australia's financial services sector.
This contract extends to the previously announced Master Services Agreement between Wrkr and Link Group in November 2022. It spans three years, with options for Link Group to extend it for an additional year, bringing its initial estimated value to AU$3,000,000. The agreement encompasses various components, including licenses, Link Group's administration platform integration, and fund onboarding support services. Fee disbursements are linked to predefined delivery milestones and acceptance criteria. Furthermore, in addition to the estimated contract value, Wrkr will also earn transaction-based usage fees for contributions management and messaging.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
