June 20, 2013 1:34 AM ET

Software

Company Overview of Gresham Computing plc

Company Overview

Gresham Computing plc, together with its subsidiaries, provides real time financial solutions and software solutions to banks, financial institutions, and corporate customers in EMEA, North America, and the Asia Pacific. The company operates in Software, North American Real Time Financial Reporting (RTFS), and APAC & EMEA RTFS segments. Its solutions include Clareti Transaction Control (CTC) that provides banks and financial institutions with real-time financial certainty in their transaction processing; Clareti Virtual Bank Accounts, a real-time cash management solution; Virtual Machine Environment software components and support; and Tape Integration and Tape Connectivity Optimization soft...

Detailed Description

28 Queen Street

London,  EC4R 1BB

United Kingdom

Founded in 1969

97 Employees

Phone:

44 20 7653 0200

Fax:

44 20 7653 0201

www.gresham-computing.com

Key Executives for Gresham Computing plc

Chief Executive Officer and Executive Director
Age: 46
Total Annual Compensation: $150.0K
Chief Financial Officer
Total Annual Compensation: $90.0K
Compensation as of Fiscal Year 2012.

Gresham Computing plc Key Developments

Gresham Computing plc Wins Contract

Gresham Computing plc announced that the Group was engaged in a number of paid projects with global financial institutions for the deployment of CTC. The Board announced that the first of these projects, with a major financial services company in the Asia Pacific region, has moved to signed contract for the purchase of CTC as a platform technology from which to complete a major inter systems reconciliation project.

Gresham Computing plc, Annual General Meeting, May 15, 2013

Gresham Computing plc, Annual General Meeting, May 15, 2013.

Gresham Computing plc Announces Consolidated Earnings Results for the Year Ended December 31, 2012

Gresham Computing plc announced consolidated earnings results for the year ended December 31, 2012. For the period, revenue was GBP 12,106,000 against GBP 11,593,000 in the same period a year ago. Profit before taxation was GBP 1,557,000 against GBP 1,357,000 in the same period a year ago. Profit attributable to owners of the parent was GBP 1,965,000 or 3.05 pence per diluted share against GBP 1,747,000 or 2.74 pence per diluted share in the same period a year ago. Net cash flow from operating activities was GBP 977,000 against GBP 1,765,000 in the same period a year ago. Purchase of property, plant and equipment was GBP 201,000 against GBP 154,000 in the same period a year ago. Payments to acquire intangible fixed assets were GBP 1,497,000 against GBP 1,213,000 in the same period a year ago. Adjusted EBITDA profit was GBP 2.15 million against GBP 1.95 million in the same period a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 11, 2013
Gresham Computing Inc.
 

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