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STANDARD CHARTERED BANK JOINS GRESHAM'S CLARETI CASH REPORTING SERVICE
LONDON – 2 October 2007 – Gresham Computing plc, leading provider of real-time financial solutions, announced today that Standard Chartered Bank is now live as a provider of data to the Clareti Cash Reporting Service. The total number of banks that have now agreed to provide data to the service has increased to 25 and 17 banks are now in production.
Gresham’s Clareti Cash Reporting Service is a global solution to SWIFT Cash Reporting, providing a single, consolidated real-time view of cash positions in each currency, including bank account and transaction information.
Standard Chartered Bank will provide data on GB Pounds, US Dollars, Singapore Dollars and Hong Kong Dollars and currency accounts held by its international client base throughout the world upon customer request.
“We are very pleased that Standard Chartered Bank has partnered with Gresham to provide their correspondent banks with real-time access to multi-currency cross-border payments” said Andrew Walton-Green, CEO, Gresham Computing, “This will allow their correspondents to improve their visibility and intra-day management of settlement discrepancies and liquidity.”
SIBOS 2007 conference is in Boston, USA, from 1st to 5th October 2007. More information concerning the Clareti suite of real-time financial solutions can be found visiting stand B01 or obtained from Gresham Computing’s website www.gresham-computing.com
About Gresham Computing plc
Gresham Computing specialises in delivering real-time financial solutions. Gresham develops and implements software solutions for banks and corporates, as well as integration and storage solutions. Many of the Global 500 choose Gresham to help improve their competitive edge and bottom line performance in some of the most challenging market sectors.
Gresham Computing plc is listed on the London Stock Exchange (GHT) and has offices in Europe, North America and Asia Pacific.
For more information please visit www.gresham-computing.com
About Standard Chartered Bank
Standard Chartered PLC is listed on both the London Stock Exchange and the Hong Kong Stock Exchange and is consistently ranked in the top 25 among FTSE-100 companies by market capitalisation.
Standard Chartered has a history of over 150 years in banking and operates in many of the world's fastest-growing markets with an extensive global network of over 1,400 branches (including subsidiaries, associates and joint ventures) in over 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas.
For more information contact:
Rob Glenn
Sales and Marketing Director
Gresham Computing plc
+44 (0)20 7653 0272
rglenn@gresham-computing.com
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