FDM Group and Gresham Computing announce CTC delivery partnership

International IT services provider, FDM Group, has unveiled its new partnership with Gresham Computing, the leading provider of software solutions to international financial institutions. End Quote

(1888PressRelease) January 30, 2013 - London - Gresham Computing plc, a leading provider of transaction control solutions to international financial institutions, today announced a partnership with FDM Group, a leading IT services provider with over 200 clients globally and offices across the world's major financial centres. Gresham has appointed FDM as a strategic implementation partner for its Clareti Transaction Control (CTC) software.

FDM's Global Sales Director, Andy Brown said, "Partnering with Gresham is a great opportunity for FDM and there is a good strategic fit between our two companies. Gresham's CTC software allows real-time, business driven controls to be put into place as soon as a new financial product is created, allowing errors to be identified and rectified from the outset: it is the next generation reconciliation engine. We already have a lot of expertise working with banks across the globe and look forward to developing a long-term partnership with Gresham around the implementation of CTC."

Gresham's Global Business Development Director, Bill Blythe adds, "We approached FDM to be a strategic implementation partner as the quality of their training is unrivalled and we believe their IT consultants will accelerate our capabilities, especially building on FDM's excellent credentials with major global banks. FDM will provide our core implementation team with the scalability and global reach we will need to meet customer demand."

FDM is recognised as a highly innovative and industry-leading global IT services provider offering a high-value, low-cost proposition to the world's business leaders, helping them achieve their IT goals. Some of FDM's clients include UBS, HSBC, Standard Chartered, AXA Swiftcover and Credit Suisse. The company has won numerous international awards and in the UK FDM is the largest IT graduate employer and specialises in providing clients with IT consultants trained in core technology disciplines, from strategic global locations. Its award-winning graduate programme combines intensive training with a minimum of two years commercial employment representing FDM in one or more client sites.

Gresham's CTC software is the company's flagship strategic technology platform and reconciliation software. CTC allows customers to rapidly and accurately identify and resolve operational risks, reduce financial transaction loss, comply with regulatory requirements, optimise business performance and quickly reconcile, verify and validate transactions.

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