17 August 2017
visit www.avoka.com

Gresham reports tier-one bank contract win

26 July 2013  |  2005 views  |  0 Source: Gresham Computing

Gresham Computing plc, the specialist provider of software based solutions that enable customers to achieve real-time financial certainty in transaction and cash management, is pleased to announce the following significant contract win.

The Board is pleased to announce that a leading Tier 1 bank (the "Bank") has contracted with Gresham to purchase CTC for use in its wholesale banking business globally. The contract has an initial term of 20 years and is expected to generate revenues of approximately US$15m over that period.

Chris Errington, CEO of Gresham, commented:

"We are delighted to be working with this new customer to deploy CTC, our innovative matching and reconciliation real-time technology. The Bank selected CTC, following a competitive tender, as the technology that best met their forward-looking criteria for functionality, flexibility and performance." 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.worldpaymentsreport.comvisit www.niceactimize.com

Who is commenting?

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10532 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9938 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9905 views comments | 8 tweets | 15 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8256 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7713 views 0 | 1 tweets | 8 linkedin