Gresham Computing keeps getting better

Trading has continued to improve at banking software company Gresham Computing which made a profit in the fourth quarter.Business had already improved during the first three quarters of 2010 when the company returned to a first half profit of £0.1m.The company now expects to report a year-end cash position of about £3.1m compared with £0.7m in 2009."The order book and pipeline of new business for delivery in 2011 is strong," the firm said today.