Business Services Industry
Gresham Computing plc at Association of Finance Professionals Conference, Los Angeles October 19-22, 2008
Business Wire, Oct 17, 2008
NEW YORK -- Gresham Computing plc ("Gresham") is pleased to announce that Eric Sepkes, Chairman of Gresham, is attending the upcoming Association of Financial Professionals (AFP) conference in Los Angeles.
Eric Sepkes spent 38 years at Citi in various roles and is well known for his thought leadership in the areas of real-time payments and trade solutions. Eric and his team cordially invite you to visit them at AFP booth 754 to discuss how Gresham may be able to assist your bank in meeting some of the challenges in today's market.
Gresham's key capabilities are in the following areas:
* Risk and liquidity management. We help our customers, banks and their customers, manage liquidity in real-time. Today we have the annual equivalent of $140 Trillion of real-time cash transactions in 19 currencies going through the service. The service allows banks to manage their own risk and liquidity positions in real-time but also allows banks to publish information in real-time to their customers, for example to broker/dealers and other corporations and hence drive client transaction revenues and enhance client stickiness.
* Supply chain financing and e-invoicing. Our proven supply chain financing platform provides a readily deployable solution for US domestic and global banks seeking to provide their customers with supply chain and financial supply chain technology. Today there are 60,000 suppliers on the system globally. The system is available on a hosted basis to white label a bank, enabling the bank to provide its customers with a 21st century trade and supply chain platform.
* Cash deposit aggregation. Our proven deposit aggregation platform provides banks with an effective way of attracting and retaining customer credit balances. We have successfully deployed this solution and attracted billions in new deposits working in partnership with a bank.
Importantly, each solution is based around the use of real-time information. We can explain why we think this is key, however, Governor Randall of the Federal Reserve stated it plainly enough when addressing the American Bankers Association Spring 2008 Summit Meeting,
"Timely and accurate information is the lifeblood of sound risk management. A good risk management structure must encompass risks across the entire firm, gathering and processing information on an enterprise-wide basis in real-time. In short, you cannot manage your risks if you do not know what they are."
If you would like to meet with us while at AFP please contact Bob Scott or Gill Sutton in the first instance.
We look forward to meeting with you.
About Gresham
Gresham Computing plc (www.gresham-computing.com) is an expert in delivering real-time financial services, specializing in providing banks and their customers with value added solutions. Founded in 1969, Gresham Computing plc has been listed on the London Stock Exchange (GHT) since 1991 and has offices in North America, Europe and Asia Pacific. Many of the Fortune Global 500 choose Gresham to help improve their competitive edge and bottom line performance in the challenging market sectors of Banking Services, Deposit Acquisition, Real-Time Liquidity, Risk, Cash and Treasury Management, Supply Chain Financing and Electronic Invoicing.
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