Technology innovator Gresham moves to Southampton Science Park
10 December 2013
New premises to support company’s expansion
Gresham Computing plc, a leading provider of transaction control solutions to international financial institutions and corporates, today announced a move to premises at Southampton Science Park. The re-location comes as a result of the company’s continued growth.
The new office will act as a global hub for Gresham’s Clareti Transaction Control solution (CTC) support business, which has grown rapidly in 2013. Being located at the Science Park will provide Gresham with space for further expansion. The company will also benefit from the Science Park’s extensive facilities, transport links and innovation culture.
“The University of Southampton is one of the UK’s top universities for science and technology,” said Chris Errington, CEO, Gresham Computing. “Relocating to the Science Park provides a perfect environment from which to continue our technology and innovation led growth based around CTC.”
Earlier in the year, Gresham relocated its corporate headquarters in London as well as setting up offices in Sydney and Singapore.
About Clareti Transaction Control
Gresham’s Clareti Transaction Control solution (CTC) enables customers to quickly and accurately identify and resolve operational risks, reduce financial transaction loss events, optimize business performance, and comply with regulatory requirements. Gresham’s approach allows real-time, business driven controls to be put in place as soon as a new financial product is created. This means any errors can be identified and rectified from the start (T+0), preventing potential discrepancies or loss events. Unless controls are put in place at the beginning, errors will often only come to light much later in the transaction lifecycle, for example, after the trade has been completed and an error is identified during the nostro reconciliation process.
Based on the latest technology, Gresham’s solution offers maximum flexibility and adaptability to respond to changing needs. This is in complete contrast to legacy hard-coded systems which are cumbersome, costly and time consuming to change.
About Gresham Computing
Gresham Computing plc is a leading provider of software solutions to international financial institutions and is listed on the main market of the London Stock Exchange (GHT.L). We service over 100 major blue-chip customers, many of whom have been customers for over thirty years. Our customers include several of the world’s largest financial institutions, served locally from offices located in Europe, North America and Asia.
Further information can be found at www.www.greshamtech.com or follow us on Twitter @Greshamplc
For more information contact:
Chris Errington, CEO
T: +44 20 7653 0200
For press enquiries contact:
T: +44 20 3100 3508