The solution will give financial institutions secure access to the full capabilities of Clareti Transaction Control (CTC) with all the benefits of the cloud.

Gresham’s CTC enterprise data integrity platform delivers a range of applications across four key areas focussing on: financial control; internal risk control; regulatory compliance; and transition management. Each element of CTC is designed to bring real-time financial certainty to financial institutions and can now be delivered either on premise or as a managed service.

Clareti-as-a-Service gives clients a robust, scalable environment for data integrity management, which is accessible on demand. It delivers all the benefits of CTC without the overheads associated with running the IT infrastructure on premise. In contrast to many competing solutions, Clareti-as-a-Service provides the full functionality and robust controls offered by CTC on premise.

“The launch of Clareti-as-a-Service has been driven both by client demand and our on-going commitment to delivering best-in-class technology. Clients are already benefitting from this deployment approach that harnesses the power of the cloud and gives them access to data in real-time with no processing delay,” said Chris Young, Director - North America at Gresham Computing. “Clareti-as-a-Service is an important step for Gresham and for the industry - it sets a new standard for delivering data integrity as a managed service.”

Recognising the sensitivity of financial data, Clareti-as-a-Service ensures the same bulletproof security as Gresham’s on-premise services, with CTC certified for meeting the PCI Data Security Standard (PCI DSS). Clareti-as-a-Service clients are hosted in regional data centres in the relevant geography, removing the risk of cross-border data movement.