Gresham Regulatory News (GHT)

RNS Reach

7 April 2016

Gresham Computing plc

Positive start to 2016 with four new CTC customers

Gresham Computing 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, confirms that it won four new CTC clients in the investment management industry in the first quarter of 2016.

Two UK based hedge fund investment firms signed for CTC as their enterprise controls platform, and a US third party fund administrator signed for CTC via one of the Group's indirect sales channels. These three wins are in addition to the US asset manager that selected CTC in the cloud leveraging Gresham's Clareti-as-a-Service platform, as announced on 8 March 2016.

These four new software contracts will provide a solid contribution to the Group's planned revenues in current and future years.

Ian Manocha, CEO, commented:

"A further four clients from the investment management industry adopted our CTC enterprise data integrity platform in the first quarter, confirming our ability to win repeatable business by leveraging our industry IP and domain knowledge.

Fund managers face daunting compliance and operational risk management challenges and need to get on top of their increasingly complex data flows. Gresham is fast becoming the go-to company for buy-side institutions who need a more flexible approach to controlling their data and processes."

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Note to editors

Gresham's award-winning software platform Clareti Transaction Control (CTC) has been designed to provide financial institutions with complete certainty in their data processing. CTC combines best-in-class performance with future-proofed technology, providing real-time data management based on business-driven controls. CTC 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 and regulatory compliance problems.

Gresham Computing plc is a leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, and is listed on the main market of the London Stock Exchange (GHT.L). With over 30 years' experience 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.