Gresham Technologies plc explained

Gresham Technologies plc
Type:Public
Location:London, United Kingdom
Key People:Peter Simmonds, Chairman, Ian Manocha, CEO
Industry:Financial Technology
Risk IT
Data Integrity
Reconciliation Software
Products:Clareti Transaction Control, Clareti Integration, Clareti Analytics, Clareti Multi Bank
Revenue:£21.7m (2017)[1] £17.2m (2016)[2] £14.8m (2015)[3]

Gresham Technologies plc, known as Gresham Tech and formerly known as Gresham Computing plc,[4] is a software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions. Listed on the main market of the London Stock Exchange GHT and headquartered in the City of London, customers include some of the world's largest financial institutions, all of whom are served locally from offices located in Europe, North America and Asia Pacific.

All Gresham's product development for its Clareti Platform is run out of its Innovation Labs,[5] opened in the tech hub of Silicon Gorge, Bristol in September 2016.

In October 2016, Gresham acquired C24 Technologies Ltd,[6] a specialist in standards-based financial messaging and integration solutions.

In July 2018, Gresham acquired the B2 Group,[7] specialists in bank-to-corporate integration and cash management software and focus on the growing multi-bank solutions market.

In July 2020, Gresham acquired Inforalgo, specialists in STP solutions for pre and post-trade

In May 2021, Gresham acquired Electra Information Systems,[8] a buy-side post-trade processing company with ability to improve efficiency and mitigate risk in reconciliation, data aggregation and transformation, trade settlement and client fee billing.

Notes and References

  1. Web site: Gresham hails full-year results as Clareti sales spike. Finextra. 13 March 2017.
  2. Web site: Gresham adjusted earnings up 41%. The Telegraph. 14 March 2017.
  3. Web site: Gresham results show 2015 progress. Finextra. 8 March 2016.
  4. Web site: Change of name. LSE. 21 November 2016.
  5. Web site: Gresham opens UK innovation labs. Banking Technology. 1 September 2016.
  6. Web site: Gresham makes £4.6 million tech investment. Asset Servicing Times. 10 October 2016.
  7. Web site: Gresham acquires B2 Group . Finextra. 4 July 2018.
  8. Web site: Gresham acquires post-trade automation specialist Electra . Finextra . 28 May 2021 . 23 March 2022.