Gresham Computing set to revolutionise transaction processing and help firms reduce loss events with launch of Clareti Transaction Control

London, UK and Toronto, Canada, 19 September 2011 Gresham Computing today announced the launch of Clareti Transaction Control (CTC), a new solution designed to provide financial institutions with real-time financial certainty in their transaction processing. The solution allows real-time, business-driven controls to be put in place as soon as a trade takes place, so that any errors can be identified and rectified from the start (T+0) preventing potential discrepancies or loss events. Clareti Transaction Control covers all transaction types and asset classes and can handle innovative financial products just as easily as standardized flow products (such as simple equities), so that even the most complex derivative trades are tracked and audited appropriately. The solution is being unveiled by Gresham Computing (stand M105) at the Sibos conference and exhibition taking place this week in Toronto, Canada.

“Given the volume of new financial products being continually created, and the difficulty in keeping track of these across multiple processing systems and applications it