Gresham Computing is extending its Clareti Cash Reporting Service, enabling banks around the world to improve the way they communicate with their customers. By making the Clareti Cash Reporting Service available to corporates, Gresham says it will work with its banking partners to meet the demand for intra-day and real-time payment information from the corporate market.
“The corporate market has now realized that if they can send an electronic message from one side of the world to the other in an instant, there is no reason why their bank cannot tell them when a payment has been received on their behalf from anywhere in the world,” says Andrew Walton-Green, CEO of Gresham Computing.
“The value to the corporate of understanding who has paid them and what funds are available globally is both obvious and huge and this fact has not escaped the attention of the leading global banks.”