GHT.L Regulatory News (GHT)

RNS Reach

29 August 2017

Gresham Technologies plc

North American Tier 1 bank win for CTC in regulatory control

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 further Tier 1 bank customer win in the strategically important North American capital markets industry.

The client has selected the Clareti platform to support their global regulatory control framework, and ensure the integrity of regulatory data and associated reporting processes. The initial implementation will be within the customer's US capital markets business with the potential for deployment across other jurisdictions in the future.

Ian Manocha, CEO, commented:

"This is our third North American bank win for Clareti Transaction Control (CTC) in the last 9 months, and a strategically important win for our New York team in the US regulatory technology market.

Institutions are seeking to improve the quality of the data, and simplify the systems, that drive their compliance, risk and regulatory reporting. CTC enables firms to have a common global platform across all their regulatory data control and reporting operations to identify risks and provide process intelligence that they can trust."

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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.

This announcement has been issued as an RNS Reach, an investor communication service for the distribution of non-regulatory news such as marketing messages, corporate and product information.