The Finextra50 closed down last week to 86.04. Chordiant Software was the top faller in the Finextra50 for the second week in a row after the company's stock failed to recover from its earlier outlook warning and fell 13.21% to close at $5.78 on Friday. In February Chordiant, which supplies customer management software, said that since the beginning of the year it has seen "macro economic conditions deteriorate, specifically in the North American financial services sector". Last week the firm reported a partnership deal with India's HCL Technologies but this wasn't enough to jump start its shares. Chordiant has now fallen more than any other firm - 57.72% - since the Finextra50 was benchmarked last May. UK financial software outfit Gresham Computing was also a major loser in the index last week and saw its stock slip 11.91% to close the week at 61 pence.