IRIS RegTech gets Phase 4 extension from South Africa partner XDS
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IRIS RegTech Solutions received formal confirmation from South African partner Xpert Decisions Systems for the Phase 4 extension of the CODI deposit insurance solution engagement. The work covers technology development, implementation and support services. Order size and timeline remain confidential. This extends an existing contract, with prior disclosures on March 03, 2023 and December 11, 2025. The order is international, not a related party transaction, and promoter group has no interest in the awarding entity.
Positive repeat-business signal from South Africa reinforces product traction, but undisclosed order value keeps the financial impact uncertain for shareholders.