Gresham real-time financial transaction control software to the global matching and reconciliation market, reports 1H/14 revenues up 67% to GBP 2.0m and profit before tax of GBP 0.6m (H1 13: £0.7m). Since May 2014, four new customers have signed for CTC.
A major bank purchased CTC for real-time intersystems matching and reconciliation, expanding the use of CTC in this key customer account from the corporate to the investment bank side of operations. Also a back office processing company serving clients across Asia Pacific purchased CTC to provide real-time matching and reconciliation. This progress with CTC takes us from 3 key CTC customer accounts entering the year to 5 key CTC customer accounts at the date of this report.