London - 6 March 2007

Gresham Computing plc, the real-time financial solutions specialist, today announced that the number of live providers on its Clareti Cash Reporting Service now stands at 14 with a further eight planning to provide data. The growth in providers demonstrates continued interest in the payments hub.

Clareti Cash Reporting Service is a hosted offering that enables banks and their clients, both corporates and banks, to improve their cash and liquidity management. It does this by providing nostro account holders with a single consolidated view of their nostro positions, including balance and transaction information, in each currency, in real time.

The most recent providers ABN AMRO, Absa, Bank of New York, Handelsbanken and a major German bank are now sending live data to the service. Users of the service can either access information via an Internet browser or receive a direct (streamed) feed of data via SWIFTNet or proprietary link. The data is aggregated and normalised, and can be fed directly into a bank's back office systems, delivering real-time access to multi-bank, multi-currency information. This enables subscriber banks to manage liquidity more closely across the many accounts they may hold with other banks around the world and reduce credit and settlement risk.

"We now receive data and have relationships with many of the key provider banks around the world which creates a compelling case for those banks who want to improve their cash and liquidity management and are not yet online with the service," said Andrew Walton-Green, CEO of Gresham Computing plc. "By enabling a bank's reconciliation process to be moved from an end-of-day process to a real-time process, there is an improvement in customer service since the bank is able to identify and fix its shortfalls or erroneous trades, or those of other banks, intraday. Consequently, their corporate customers can be provided with better information."

Andrew Brown, head of Operations at Mizuho Corporate Bank London, said, "London Branch has been using the browser version of Clareti Cash Reporting Service for just over 12 months now, and we are able to see live transaction and balance data from a number of banks, including ANZ and Absa. The system has proved a very useful tool for the manual tracking of key transactions and the monitoring of positions across various currencies. Our next step is to automate these processes for London by utilising the streamed feed from the service and integrate this directly into our reconciliation engine."

Henriette Morner Arvidsson, product manager, account services, at Handelsbanken, commented, "The Clareti Cash Reporting Service complements our existing offerings on real-time cash reporting. As the first Scandinavian bank to go live with the system, we look forward to giving our customers the benefits of real-time transaction and balance information."

Maarten van Rossum, FI Services, Transaction Banking at ABN AMRO, said, "The service underlines our real-time cash reporting capabilities and enables our clients to improve operational efficiency and risk management. By offering real-time information, our clients are able to address anomalies and fails intraday."

The Clareti Cash Reporting Service is an integral part of Gresham's suite of solutions that cover payments, cash management and lending.
Aimed at banks and corporates, Clareti solutions enable customers to better understand their transactions, their customers and their businesses while improving connections between people, the systems they use, and the businesses they work for.

Gresham Computing's Clareti Cash Reporting Service participant banks now

* Absa
* Bangkok Bank
* Bank of America
* Bank of New York
* Bank of New Zealand
* Barclays Bank
* Barclays Capital
* Citibank
* Commonwealth Bank of Australia
* FirstRand Bank
* JPMorgan Chase
* Mizuho Corporate Bank
* National Australia Bank
* Royal Bank of Canada Global Services
* Royal Bank of Scotland
* Standard Bank South Africa
* Standard Chartered Bank
* Handelsbanken
* Westpac

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