Control for cash

(Formerly Clareti cash control)

Simplify cash controls while meeting regulator, auditor and business demands

Controlling your cash is crucial. Regulators expect it, auditors need to prove it, and your business depends on it. You have no choice; you have to reconcile your cash. Without this vital control, your business is lost.

However, you can choose to make it efficient, you can choose to make it effective, and you can choose to make it simple.

Control for cash delivers on all these choices, making cash/nostro/bank account reconciliation painless with minimal costs and complexity.

Increase cash reconciliation efficiency in a self-service environment

Control is an out-of-the-box, self-service solution for cash reconciliation that is fast to implement and easy to operate. Used by banks, hedge funds, asset managers, brokers, corporate treasurers, and payment providers, it outperforms slow, expensive, and ineffective legacy alternatives.

Built in collaboration with the world’s most innovative banking partners, our pre-defined rules and behaviours give you immediate control of your cash across all accounts and in all geographies.

For the most complex organisations, the system can be customised by Gresham's industry experts – again with a focus on speed, efficiency and self-service.

80%

Reduction in costs for firms using Control solutions

99%

Reduction in daily break count at a tier one bank which switched from a legacy platform to Control

$800Bn

Balance sheet reconciled for a major investment bank

With Control for cash, you can

See everything you need, easily

Cash reconciliation-specific screens, including proofing, match-building, incoming and outgoing correspondence that match your workflow – not work against it.

Onboard new controls, fast

Guided workflows for onboarding new bank accounts and ledger equivalents, and the automatic application of default, industry tested match rules allow you to create new account reconciliations in minutes.

Empower business users

Reconciliation tools that put the creation of new cash-matching rules into the hands of your reconciliation clerks, and business rules in the hand of your business users.

Reconcile quickly and simply

Super-fast processing of the very largest datasets (50,000 per second) to complete common reconciliation operations in milliseconds.

Have data confidence

All appropriate governance models to keep and demonstrate control to all necessary stakeholders.

“The fact that Control can use our golden source of assets means we have been able to simplify our "new instrument" process and save man-years of effort.”

Head of Reconciliations IT, Tier One Universal Bank

Control for cash delivers

Operational savings

Reduce your total cost of ownership with automation that makes the most of staff time and resources.

Fast, simple, effective

Break free from the fragile, costly and complex legacy solutions the industry has relied on for years.

Increased efficiency

Significantly improve match rates while reducing headcount requirements.

Solutions shelf

Control for cash

Learn more about Control for cash

Control for securities

Automated, optimised securities/depot/custodian reconciliation

Control for intersystems

Powerful intersystem reconciliation for better control of your operations

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Why is cash management so hard?

Continuing our successful podcast series, Neil Vernon, Chief Technology Officer and Bill Wrest, Senior Strategist, Cash Management Solutions join Gert Raeves of Adox Research to delve into why cash management presents such a challenge for corporates and banks alike