GHT.L Regulatory News (GHT)

RNS Reach

17 April 2018

Gresham Technologies plc

Clareti cloud win with leading global cash management business

Gresham Technologies plc (LSE: "GHT", "Gresham" or the "Group"), the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, is pleased to announce a Clareti contract win for its Clareti-as-a-Service cloud offering.

One of world's leading providers of cash management solutions has selected Clareti Transaction Control (CTC) to provide automation, integrity assurance and control across the entire cash lifecycle including transportation, cash processing, ATM and device management, credit and payments. In addition, Clareti 24 Adapters have been selected to seamlessly integrate and automate financial message flows. The solution will be deployed into the cloud leveraging Gresham's high-availability Clareti-as-a-Service (CaaS) platform.

The initial deployment will involve one of the customer's European subsidiaries, with the intention that the solution will be rolled out for further subsidiaries over time. 

Ian Manocha, CEO, commented:

"This new customer win is another great example of the versatility of the Clareti platform. We were selected to solve a complex mission-critical problem when competitive alternatives were seen to be either functionally lightweight and not scalable, or inflexible and dependent on deep IT skills.

It is also pleasing to see how our investment into C24 Technologies, our development of a secure cloud service, and our deep industry domain skills in areas such as cash management, have further strengthened our ability to offer complete solutions to our customers."

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Note to editors

Gresham's award-winning Clareti software platform has been designed to provide financial institutions with complete certainty in their data processing. Clareti is a highly flexible and fully scalable platform for assuring enterprise data integrity and is designed to address today's most challenging financial control, internal risk management, data governance and regulatory compliance problems. Gresham's portfolio of applications based on the Clareti platform, including Clareti Transaction Control (CTC), Clareti Accounts Receivable Management (Clareti ARM), Clareti Loan Control (CLC) and Clareti 24 Integration Objects (C24 IO), provide innovative industry specific solutions for real-time data management.

Gresham Technologies plc is a leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, customers include some of the world's largest financial institutions, all of whom are served locally from offices located in Europe, North America and Asia Pacific.