Gresham Computing Secures New CTC Platform Win In Singapore

LONDON (Alliance News) - Gresham Computing PLC on Wednesday said it has secured a new contract win for its CTC financial control software platform.

Gresham said it has secured a contract with an insurance and asset management services, which has contracted to use the platform in its Singapore business.

No financial details on the contract were disclosed, but will provide a "solid contribution" to Gresham's CTC revenue going forward.

"Coupled with our recent North American wins, this new customer win in South East Asia validates our investment into these regions and further strengthens our recurring revenue base," said Gresham Chief Executive Ian Manocha.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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