Solo Capital selects Gresham CTC to automate reconciliation
26 February 2015 | 2063 views | 0
Gresham Computing plc, a leading provider of transaction control solutions to international financial institutions and corporates, today announced that Solo Capital Partners LLC, a boutique financial services house based in London has selected Gresham’s Clareti Transaction Control (CTC) solution to enable it to automate and streamline the matching and reconciliation process across its middle and back office operations.
Solo Capital specialises in supplying investment management, securities lending, principal and agency brokering services. It sought an innovative solution that would scale alongside its rapidly growing business. Gresham’s CTC solution will provide Solo Capital with increased flexibility, scalability and control, enabling it to on-board new reconciliations across its different business entities rapidly and cost effectively.
“Solo Capital is widely recognised as an exciting and rapidly expanding financial services house with a highly experienced team, who recognise the benefits that the latest technology can bring as it expands its business,” says Bill Blythe, Global Business Development Director, Gresham Computing. “It’s crucial that rapidly growing firms, such as Solo Capital, have the enterprise-wide controls in place to navigate the ever-changing control landscape. Having CTC in place provides the integrity and real-time certainty that firms simply cannot afford to do without.”