LONDON, March 13, 2018 /PRNewswire/ --
Gresham, the leading software and services company that
specialises in providing real-time transaction control and
enterprise data integrity solutions, is pleased to announce its
results for the year ended 31 December
2017.
(Logo:
http://mma.prnewswire.com/media/530491/Gresham.jpg )
Highlights
- Group revenues up 26% to £21.7m
- Clareti revenues up 48% to £11.1m with Clareti software
revenues up 74%
- Adjusted EBITDA up 34%
The financial industry's demand for modern, more flexible,
solutions to their data quality challenges continues to grow driven
by increasing regulatory pressures, data complexity and transaction
volumes. During the year, fifteen new customers selected Clareti
Transaction Control (CTC) across banking, investment management,
insurance broking and the energy and commodities sectors in 2017.
In addition, there have been new customer wins across the
wider portfolio of Clareti solutions including Clareti Analytics,
Clareti Accounts Receivable Management, Clareti 24 Adapters and the
company's cloud offering Clareti-as-a-Service.
Gresham's focus on continental Europe and North
America has returned strong growth in both territories with
further investment planned in 2018.
Ian Manocha, CEO, Gresham
commented: "We are delighted to report a record set of results for
the Group driven by the success of the Clareti business. We
continue to invest in business development resources to sustain the
momentum and establish the Clareti platform as the "de-facto"
standard for firms with complex data processing challenges seeking
to improve integrity and evidence control across their
business."
For the full RNS release, please view via our website here .
Further information can be found at http://www.greshamtech.com/
or on Twitter @GreshamTech
SOURCE Gresham Tech