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CTC Contract Win

3 Jun 2013 07:00

RNS Number : 0723G
Gresham Computing PLC
03 June 2013
 

3 June 2013

Gresham Computing plc("Gresham" or "the Company" or "the Group")CTC Contract Win

Gresham Computing plc, the specialist provider of software based solutions that enable customers to achieve real-time financial certainty in transaction and cash management, is pleased to announce the following contact win.

On 15 May 2013, we announced that the Group was engaged in a number of paid projects with global financial institutions for the deployment of CTC. The Board is pleased to announce that the first of these projects, with a major financial services company in the Asia Pacific region, has moved to signed contract for the purchase of CTC as a platform technology from which to complete a major intersystems reconciliation project.

Chris Errington, CEO of Gresham, commented:

"CTC is a flexible platform technology for the matching and reconciliation of transactions, including: Intersytems, OTCs and Swaps, Exchange Traded Derivatives, Trade and Position, Accounts Receivables, Cash and Reference Data.

I am pleased to see the CTC platform being deployed on this multi-system migration project, providing certainty to the migration and simplifying the customer's business."

- Ends -

For further information please contact:

Gresham Computing plcChris Errington, CEORob Grubb, CFO

+44 (0) 20 7653 0200

N+1 SingerShaun DobsonNick Donovan

+44 (0) 20 7496 3000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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