Leading European bank selects CTC for greater financial and risk control

London - 6 February 2017

Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, is pleased to announce a strategic win in the European banking sector.

One of the largest financial service providers in Central and Eastern Europe has selected Clareti Transaction Control (CTC) to provide greater control and integrity within their treasury function and capital markets business, covering foreign exchange (FX), over-the-counter (OTC) trading, exchange traded derivatives (ETD) and inter-company transactions.

Ian Manocha, CEO, Gresham says, “This is the first customer win for our new continental Europe sales office which we opened in September 2016, and is an indication of the potential we see for our technology in Europe’s regional banks.

Irrespective of whether you are a global, regional or niche financial markets player, being in control of your data is a business imperative. It is a time of unprecedented change and uncertainty in global markets and firms cannot afford to be constrained by inflexible monolithic systems or by spreadsheets and other manual intensive processes. The Clareti platform gives firms confidence in the integrity of their data and helps them be more agile.”

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) and Clareti Loan Control (CLC), provide innovative industry and domain specific solutions for real-time data management based on business-driven controls.

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.

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