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21 Nov 2014 07:00
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21 November 2014
Gresham Computing plc("Gresham")CTC contract extension
Gresham, the leading software and services company that specialises in providing real-time financial transaction control software to the global matching and reconciliation market, is pleased to announce the following CTC contract extension:
An existing CTC customer (a major financial services company in the Asia Pacific region) has now contracted to extend their use of CTC as a platform technology for a third major intersystems reconciliation project in 2015.
The project involves high volume matching and reconciliation of tens of millions of reference data and static data records as part of a major system migration project.
The use of CTC's high volume matching and reconciliation capabilities in a migration project provides businesses with certainty by confirming that all data has been migrated correctly.
Chris Errington, CEO of Gresham, commented:
"We are delighted that this customer has decided to extend their use of CTC. It is important to identify, manage and correct data inconsistencies early on in a migration project to avoid data errors being propagated into the business. CTC is able to rapidly on-board the data for reconciliation, constantly testing the validity of the data migration method and results, providing the certainty required."
- Ends -
For further information please contact:
Gresham Computing plcChris Errington, CEORob Grubb, CFO | +44 (0) 20 7653 0200 |
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