News & Events

GRESHAM COMPUTING LIVE AS SWIFT SCORE MEMBER

 

London - 22 April 2008 – Gresham Computing plc is pleased to announce that it is now operationally live as a SWIFT SCORE member under the BIC code GRSMGB22.

 

The Standardised CORporate Environment (SCORE) is based on a closed user group, administered by SWIFT, where corporates can interact with financial institutions. This access model is for any corporate, such as Gresham, listed on a regulated stock exchange in a FATF (Financial Action Task Force) member country. SCORE enables corporates to interact in a standardised way with participating SWIFT financial institutions.

 

Steve Scott, Managing Director, Cash Reporting at Gresham commented, "Gresham is committed to promoting the use of SWIFT as a secure and resilient delivery option. We are delighted to have gained SWIFT SCORE membership and look forward to a mutually beneficial relationship over the coming years."

 

Chris Errington, CFO Gresham commented, “SCORE membership provides us with access to the SWIFT network and the major benefits of a secure, single, standardised channel to multiple participating financial institutions for treasury and cash management. CFOs must clearly understand their cash flows on a real-time basis so that they can use cash effectively.”

 

“Yesterday’s information is no longer sufficient, especially during a credit crunch. What is required is a single view of information from multiple banks in real-time and Gresham can provide that solution through the Clareti Cash Reporting Service.”:

 

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:

 

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

 

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