FDM Group and Gresham Computing announce CTC delivery partnership

(M2 PressWIRE Via Acquire Media NewsEdge) 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 BusinessDevelopment 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.

For press enquiries contact: Chanda Gathani (for Gresham Computing) Metia Ltd T: +44 20 3100 3605 E: chanda.gathani@metia.com About FDM FDM is one of Europe's fastest growing international IT companies. It is well known for its unique graduate training programme that has offered thousands of graduates the opportunity to kick-start their career in technology. The company specialises in providing clients with resources trained in core IT disciplines, business analysis, software development, system testing and quality assurance, application and infrastructure support.

FDM provides high-value, cost-effective and low risk IT services to over 200 clients worldwide to help them achieve specific business objectives within various sectors, including financial services, media, retail and insurance. The award-winning firm enjoys a number of strategic partnerships with leading global technology players.

www.fdmgroup.com About Gresham Computing Gresham Computing plc is a specialist provider of software based solutions that enable customers to achieve real-time financial certainty in transaction and cash management. Our customers include several of the world's largest financial institutions and companies, served locally from offices located in Europe, North America and Asia.

http://www.gresham-computing.com/ ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).

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