Gresham Technologies plc announced a strategic contract win in the asset management industry. One of world's largest asset managers has selected Gresham's cloud-based Clareti Control to ensure the integrity of its accounting books and records (ABOR) and its investment books and records (IBOR) as it upgrades to a next generation set of solutions. The proven ability of Clareti Control to deliver complex matching at scale in the cloud across BNY Mellon's Eagle platform and Aladdin by Blackrock was critical to the firm's decision.

On 16 August 2023, the firm, a long-standing customer of Electra which was acquired by Gresham in June 2021, signed a subscription contract with total incremental ARR of USD 0.5 million committed for an initial three-year term, with additional one-off fees expected for associated professional services of USD 0.2 million. In addition to this, contracts for further additional subscriptions carrying a total ARR of USD 0.1 million are expected to be signed with this customer imminently.