LONDON and LUXEMBOURG, September
25, 2018 /PRNewswire/ --
Increased speed-to-market for
corporate treasurers seeking more efficient cash
management following the full integration of B2
Group's Multi-Bank Integrator
into Gresham's Clareti platform
Gresham Technologies plc, the leading software and services
company that specialises in providing real-time data integrity and
control solutions, announced today the official release of Clareti
Multi-Bank. Following the acquisition of cash management and
payments integration specialists the B2 Group in July 2018, B2's Multi-Bank Integrator has now
been fully integrated into the Clareti platform.
Clareti Multi-Bank enables corporates to automatically connect
with their banks for the processing of payments and statements,
providing a single point of access and cash management portal.
The enhanced offering now allows customers to benefit from the
capabilities of Gresham's Clareti Platform. Out-of-the-box
integration to almost any payment message format or in-country
clearing system is now enabled by Clareti Adapters. These advanced
tools allow customer integration much faster than was previously
possible.
Commenting on the enhanced Clareti Multi-Bank offering,
Ken Lillie of Lillie Associates
Treasury Consulting, noted:
"I have followed the evolution of the Multi-Bank platform from
its initial launch in 2016 by the B2 Group to a small community of
banks and corporates a few years ago, to the comprehensive cash
management and banking integration service that we see today.
Faster time-to-market through the inclusion of additional Gresham
software, such as Clareti Adapters, undoubtedly adds significant
value to corporate treasuries wishing to automate their cash
management functions, especially in the case of a multi-national
multi-banked company."
Phil Boland, Managing Director
Gresham Cash Management Solutions, added:
"The complexities of banking integration, for automated
file-based channel banking, often made really quick delivery a
challenge for us in the past. The recent inclusion of Clareti's
messaging adapters into Clareti Multi-Bank, which I am delighted to
say happened smoothly and like clockwork, helps us overcome that
challenge to offer our customers a faster more-cost effective
service. "
Ian Manocha, CEO, Gresham,
commented:
"Enhancing cash management product and service capability is a
key focus for Gresham. Our recent acquisition of the B2 Group, and
the successful integration of their market-leading Multi-Bank
platform with our Clareti solutions, has achieved exactly that. It
enables us to add powerful cash management and bank connectivity
capabilities to our core financial messaging, reconciliation and
transaction control offerings. In addition, with the former B2 team
joining our newly formed Cash Management Solutions business, we
have a top-flight professional services team available to support
our customers."
Gresham continues to enhance its cash and treasury offerings,
and by leveraging additional capabilities within the Clareti
portfolio, such as automated reconciliation of accounts
receivables, the potential value for Clareti Multi-Bank customers
will increase. Geographical reach is expected to expand as
Gresham's world-wide support network extends Clareti Multi-Bank to
clients in North America and
Asia Pacific.
About Gresham Technologies plc
Gresham is a leading software and services company that
specialises in providing real-time data integrity and control
solutions. Listed on the main market of the London Stock Exchange
(GHT.L) and headquartered in the City of
London, its customers include some of the world's largest
financial institutions, all of whom are served locally from offices
located in Europe, North America and Asia Pacific.
About Clareti Multi-Bank
Clareti Multi-Bank enables corporates to automatically connect
with their banks for processing of payments and statements,
providing a single point of access and cash management portal.
Outgoing payments and incoming statements are processed
automatically via secure links with the banks to deliver fast and
tangible benefits, including; automation of incoming statements,
'smart' reconciliation of credit and debit payments, real-time
enterprise-wide cash visibility, automation of complex business
processes such as supply-chain finance, cash pooling and sweeping,
and controlled automation of outgoing accounts payable, payroll and
treasury payments via a real-time portal. Clareti Multi-Bank fully
integrates with many ERP and TMS platforms, to provide true
end-to-end processing, with associated cost savings through reduced
back-office headcount.
Media Contact
Gresham Technologies plc
Ginette Lacroix
Tel: 020-7653-0222
glacroix@greshamtech.com
SOURCE Gresham Technologies plc