Our Experience

We have over 35 years of financial domain knowledge, technology and process experience. Examples of our experience include:

• Transaction control
• Integrating legacy and open systems;
• Deploying cash and transaction management solutions to banks and their customers;
• Providing banks with normalised and cleansed real-time payment data;
• Adhering to SWIFT and proprietary bank message standards; and
• Optimising business performance through technology.

Transaction Control

We have significant experience of providing software to manage financial transactions as they are created, enter and exit a financial institution.

Integration of legacy and open systems

We developed our first integration technology some 25 years ago in order to integrate closed proprietary transaction systems to the emerging Open systems. Since that time we have developed our integration capabilities and product further to keep pace with customer and market demands.

Our integration technology now forms the backbone of many Gresham solutions, including:

• The Barclays Integrated Funds Solution and Account Management Solution;
• Our Clareti Cash Reporting Service which processes over $0.5 trillion transactions per day;

In addition, our integration technology has been in use by several large UK corporates and the UK Government since the 1980’s, processing many million transactions per annum.

Deploying cash and transaction management solutions to banks and their customers

We have extensive experience of integrating to a bank’s payment systems and a corporate’s back office systems; facilitating a flow of transactions between the parties.

Clareti Virtual Bank Accounts is a real-time cash management solution comprising Gresham’s Integration component and our partner CashFac’s Virtual Bank Technology™ (VBT). We currently provide the Clareti Virtual Bank Accounts solution to Barclays Bank PLC, who market the solution as Barclays Integrated Funds Solution (IFS) – and Barclays Account Management Solution (AMS)

Providing banks with normalised and cleansed inter-bank real-time payment (nostro) data

We have an extensive understanding and capability with respect to obtaining message data from correspondent banks, normalising and cleansing that data, enriching that data (for example with book entries) and publishing that data in a consolidated format to user banks for them to control liquidity and counterparty risk.

The Clareti Cash Reporting Service has been operational since 2004 and is currently providing major banks with access to real-time information from 16 correspondent banks in 18 currencies. The value of transactions passing through the system on a daily basis exceeds $0.5 trillion per day.

Adhering to SWIFT and proprietary bank message standards

We have extensive experience of working with payment (and other) message types, including proprietary format and SWIFT format.

Gresham is a corporate member of SWIFT and operates a BIC address in order to send and receive real-time messages over SWIFTNet, with access to SWIFTNet provided by BBP as Service Bureau. The Service can also receive and send messages over proprietary networks, for example VPN links.