Treasury Management Internation Logo

Global insurance and asset management firm selects Gresham CTC

  • Second insurance win for Gresham in recent months as CTC momentum grows

London – Gresham Computing plc, a leading provider of real-time financial transaction control and enterprise data integrity solutions, today announced a new CTC contract win with one of the world’s largest insurers.

The global provider of insurance and asset management services will use Gresham’s Clareti Transaction Control (CTC) platform after a competitive RFP and Proof of Concept process. CTC will provide financial control and integrity of nostro bank accounts, reconciling high value payments from customers against a number of internal policy ledger systems. Prior to implementing CTC these processes were managed using a combination of manual controls and spreadsheets; CTC will improve transaction integrity, create efficiencies and reduce operating costs, and will establish a robust global control framework for future projects.

“It’s no surprise that another global financial services provider has chosen CTC over the alternatives” said Ian Manocha, CEO Gresham. “This is the second announcement in recent months whereby a global insurance company has selected CTC for internal financial control. Existing customers are achieving break-through results and the platform’s flexibility continues to attract new use cases”.

Manocha also added that the deal could represent further revenues in future, as the customer’s use of CTC grows. Gresham recently confirmed CTC has become its best-selling product, driving up software revenues 38% in H1 and gaining certification from the Payment Card Industry Data Security Standard (PCI DSS).

Most recent episodes

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...


HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...


The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...


HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....


Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...


HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...


Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...


Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...


Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...


Instant Payments: Instant Rewards

TMI’s Eleanor Hill sits down in the virtual TreasuryCast studio with J.P. Morgan’s Global Head of Real-Time Payments, Cyrus Bhathawalla, to discuss how treasurers can capitalise on the evolving nature of real-time payments. Our guest contemplates the elements...