Gresham Technologies PLC Clareti contract win (8670R)
11 March 2021 - 06:00PM
UK Regulatory
TIDMGHT
RNS Number : 8670R
Gresham Technologies PLC
11 March 2021
RNS
11 March 2021
Gresham Technologies plc
Clareti contract win with fast-growing financial group
Gresham Technologies plc (LSE: "GHT", "Gresham"), the leading
software and services company that specialises in providing
solutions for data integrity and control, banking integration,
payments and cash management, is pleased to announce a new Clareti
contract win.
A fast-growing global financial group, with a European banking
presence, has selected the Clareti platform to connect, control and
ensure the integrity of its data and processing, as it deploys its
next generation of digital banking solutions for the asset
management and corporate sectors.
The combination of Gresham's leading financial connectivity and
reconciliation technology with its deep domain expertise in cash
management, banking integration and payments, has enabled Gresham
to provide a rapid solution for the customer's complex requirements
without the expense and risk of alternative approaches.
This new contract, signed on 10 March 2021, is expected to
generate total software subscription fees of EUR 1.4m over a
committed five-year term, in addition to services revenue to deploy
the solution.
Ian Manocha, CEO, commented:
"This new win is an excellent example of how our Clareti Connect
and Clareti Control offerings can work in tandem to quickly deliver
transparent real-time digital solutions for customers into
environments where generic solutions are inadequate. We are
delighted to welcome this new customer to Gresham after a rapid yet
comprehensive evaluation, and we look forward to supporting its
plans for next generation banking solutions."
Enquiries
+44 (0) 207 653
Gresham Technologies plc 0200
Ian Manocha
Tom Mullan
+44 (0) 207 496
N+1 Singer (Financial Adviser and Broker) 3000
Shaun Dobson / Jen Boorer / Iqra Amin (Corporate
Finance)
Tom Salvesen (Corporate Broking)
Inside information
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon the
publication of this announcement via a Regulatory Information
Service ("RIS"), this inside information is now considered to be in
the public domain.
Note to editors
Gresham Technologies plc is a leading software and services
company that specialises in providing real-time solutions for data
integrity and control, banking integration, payments and cash
management. Listed on the main market of the London Stock Exchange
(GHT.L) and headquartered in the City of London, its customers
include some of the world's largest financial institutions and
corporates, all of whom are served locally from offices located in
the UK, Europe, North America and Asia Pacific.
Gresham's award-winning Clareti software platform is a highly
flexible and scalable platform, available on-site or in the cloud,
designed to address today's most challenging financial control,
risk management, data governance and regulatory compliance
problems. Learn more at www.greshamtech.com.
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END
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