Gresham Technologies PLC - London-based software and services company that specialises in providing real-time data integrity and control solutions - Enters enterprise framework agreement for Clareti with undisclosed "tier 1 global bank" and existing customer. New deal has minimum committed value USD2.3 million over initial three-year term.
CEO Ian Manocha: "We are delighted to announce a new strategic agreement with this major financial institution who we have been working with since 2018. The agreement secures a significant level of revenue for the group over the next 3 years and provides a simpler framework for the customer to bring new areas of their business onto the Clareti platform. We look forward to further developing our close collaboration with this important customer."
Current stock price: 130.50 pence; up 4.8% on Monday
Year-to-date change: up 6.5%
By Anna Farley; annafarley@alliancenews.com
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Gresham (GHT)