Gresham Computing Reports Fourteen Line Providers With A Further Eight Expected

The number of live providers on Gresham Computing's Clareti Cash Reporting Service now stands at 14 with a further eight planning to provide data. Clareti Cash Reporting Service is a hosted offering that enables banks and their clients to improve

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The number of live providers on Gresham Computing’s Clareti Cash Reporting Service now stands at 14 with a further eight planning to provide data.

Clareti Cash Reporting Service is a hosted offering that enables banks and their clients to improve their cash and liquidity management, says Gresham. It does this by providing nostro account holders with a single consolidated view of their nostro positions, including balance and transaction information, in each currency, in real time.

“We now receive data and have relationships with many of the key provider banks around the world which creates a compelling case for those banks who want to improve their cash and liquidity management and are not yet online with the service,” says Andrew Walton-Green, CEO of Gresham Computing.

“By enabling a bank’s reconciliation process to be moved from an end-of-day process to a real-time process, there is an improvement in customer service since the bank is able to identify and fix its shortfalls or erroneous trades, or those of other banks, intraday. Consequently, their corporate customers can be provided with better information.”

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