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BANK OF NEW YORK JOINS GRESHAM'S CLARETI CASH REPORTING SERVICE

 

LONDON – 10 October 2006 – Gresham Computing plc, the real-time financial solutions provider, today announced that The Bank of New York has agreed to provide data to the Clareti Cash Reporting Service, formerly known as Cable & Wireless Real Time Nostro (“RTN”).

 

Upon customer approval, The Bank of New York will provide data on US Dollar and currency accounts held by its international client base throughout the world.

 

The global community of major banks supporting the Clareti cash Reporting Service continues to grow. The total number of banks that have now agreed to provide data to the service has increased to 22.

 

The Sibos 2006 conference in Sydney, Australia, continues until 13 October. More information concerning the Clareti suite of real-time financial solutions can be found at stand L05 or obtained from Gresham Computing’s website, www.gresham-computing.com.

 

About The Bank of New York

The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, asset management, and private banking. The Company’s extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at www.bankofny.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. More than half of the Global 500 chooses 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.

 

 

For more information, contact:

Russell Gerry or Ruth Brown

Write Image

+44 (0)20 3100 3606

russell.gerry@write-image.co.uk or ruth.brown@write-image.co.uk



10 October 2006