Redstone plots second bank job

Reseller wins a second £5m deal with unnamed UK banking firm

Managed services provider Redstone has grabbed a £5m deal with a top UK bank.

It is the second time in three months that the firm has won a £5m deal with the banking firm, which remains unnamed.

Last month Redstone announced the end of its lengthy restructuring process, which saw the business place all its brands under the Redstone banner and shed a further 83 staff.

Under the terms of this latest contract, Redstone will install structured cabling and supply an intelligent management system and an environmental monitoring solution at the bank’s datacentre facility.

Tony Weaver, chief executive of Redstone, said: “We are delighted to have further extended our relationship with this leading bank through another substantial contract. This project demonstrates our continuing strength in the financial sector, especially around datacentre operations.”