21 March 2018
visit www.ebaday.com

Gresham reports tier-one bank contract win

26 July 2013  |  2043 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)
Visit www.vasco.comVisit www.nextgenbanking.co.ukVisit www.facebook.com/business/

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
12615 views 0 | 5 tweets | 4 linkedin
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
10551 views comments | 30 tweets | 39 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
10139 views comments | 10 tweets | 8 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
9646 views comments | 13 tweets | 31 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
9514 views comments | 12 tweets | 23 linkedin

Featured job

Basic c. EUR 90K OTE c. EUR 180K plus full bene...
Paris (preferred) or London

Find your next job