NWG News & Events

Endava (DAVA) announced a strategic partnership with Tyl by NatWest (NWG) to accelerate the evolution of its offering. The partnership is focused on enabling Tyl's customers to access a modern, fully integrated payments acceptance experience. By combining Endava's global operations and its AI-native delivery model Dava.Flow, as well as deploying components of its Payments Gateway Accelerator, the collaboration will increase the speed at which new, best-of-breed products and services are brought to market, while enhancing flexibility, scalability and performance across the payments lifecycle.

Approx. 200bps capital generation. Comments taken from Q1 earnings conference call slides.

The company said, "Based on our latest expectations for interest rates and economic conditions, we now expect income excluding notable items to be at the top end of our previously guided range of GBP 17.2 - 17.6B. Except for this strengthened guidance, we reaffirm the outlook provided in our full year 2025 results. We are confident we will achieve our guidance however we recognise that market conditions are uncertain and we will refine our internal forecasts as the economic position evolves."