News & Events

GRESHAM COMPUTING PILOTS SWIFT 'LITE'

 

London - 23 April 2008 – Gresham Computing plc is pleased to announce that since becoming a SWIFT Standardised CORporate Environment (SCORE) member earlier this year it has now commenced piloting the innovative 'Lite' connectivity solution.

 

"Lite" is a development codename for SWIFT’s new connectivity option that provides a direct, secure light-weight, low cost access to SWIFT messaging services with increased simplicity and convenience and a faster implementation and setup time. 'Lite' is targeting small volume financial institutions and corporates with less then 200 messages or files per day. Messages supported are related to payments, cash management and FX.

 

Chris Errington, CFO at Gresham commented, "Companies of all sizes need fast but secure access to all of their banking relationships globally. SWIFT’s 'Lite' solution appears perfect for a company such as ours and piloting seemed the natural way to assist in the final development of the product for corporate use, whilst at the same time understanding fully the benefits. I look forward to exploring the benefits further as the pilot project develops."

 

Gresham is showcasing its Clareti Cash Reporting Service (CCRS) at the International Payment Systems conference in London, 22 – 25 April 2008 (booth 34). The service allows banks and corporates of all sizes access to real-time payment information in a simple browser format.

 

About Gresham Computing
Gresham Computing specialises in delivering real-time financial solutions. Gresham develops and implements banking software solutions, as well as integration and storage solutions. Many of the Fortune 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 contact:

 

Chris Errington
CFO
Gresham Computing plc
T: 01489 555500
E: cerrington@gresham-computing.com

 

Steve Scott
Managing Director, Clareti Cash Reporting
Gresham Computing plc
T: +44 (0)20 7653 0200
E: sscott@gresham-computing.com