Acuity RM Group PLC on Friday said it won a new customer for its Stream integrated risk manager software product, which is used to manage cybersecurity and other enterprise risks.

The provider of risk management services said the customer, a ‘leading British insurance company’, is using Stream to improve its risk management within its organisation.

Kerry Chambers, chief operating officer of Acuity’s subsidiary Acuity Risk Management Ltd, said: ‘We are focussing on our partners as the channel to accelerate our growth. Whilst the first orders are often small; as both partners and customers grow in confidence we expect a significant multiplier effect to grow our customer base, orders and so revenues. Further with recent publicity about cybersecurity breaches at major British companies there is increasing awareness of the need for security measures and many of our partners are cyber security specialists.’

Acuity RM shares rose 12% to 9.84 pence each on Friday morning in London.

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