IOMINVESTCOM
01 Jun 2017
Re: 200p coming? Hi Mortgage,Breaking out upwards leading upto interims / trading[link]
sharegardener
31 May 2017
Re: 200p coming? Hi Mortgage/Hasina!Im not that bothered about short term share price movements in the absence of company news as it usually just means that an institutional buyer is increasing their stake and with a relatively low 'free float', then buy orders will push up the price sometimes very steeply. Us PIs dont usually have any influence over the SP.For me its more about longer term prospects and delivering on the growth strategy outlined in the capital markets presentation.The sales & marketing push together with integrating the acquired businesses (C24 & JV with Mount Street) appear to be building sales and raising profile. R & D commitment will need to keep up their niche leading edge and 'barriers to entry'.Provided they can maintain competitive advantage with a 'go to' product suite then growth could be substantial and SP will climb in response. Customer wins globally are key as they appear to have a high retention rate.Momentum also plays a part so 250 to 300p achievable if H1 and then 2017 finals meet or exceed expectations. My concerns would be about performance/reliability of their software in the real commercial setting, getting leapfrogged by competing products and the risk of being bought out on the cheap before the real growth takes off.As always, DYOR and ATB to all holders!SG
mortgagefreeman
31 May 2017
200p coming? I can see this as high as 200p in the next 6 weeks to coincide with interim end and probably a trading update before a retest of support levels 165-170p, the rise from August 2016 continues.Would be interest if anyone else agrees or not.
sharegardener
10 May 2017
Re: Holdings rns out Kestrel now above 15% Kestrel have been steadily accumulating more shares over a few years. Max Royde was NED on Gresham board and is co-founder of Kestrel. Looks like an offshore investment fund (Guernsey based) after longterm growth - he more than most will have a close insight into longterm value of GHT!Last year however, I got caught out by an Isle of Man offshore group who steadily increased their holding in Creston (from 10 to over 25% getting them an NED onto the board) and the Co. was later taken over into private ownership. I doubt this is Kestrels primary intention but if a takeover did arise, they would have influence over the terms and SP would jump. So keep a watch on holdings!other holders (p42 of annual report)Schroders 13.2%JO Hambro 9.7%HargreaveHale 6.9%Majedi 5.6%Good luck all! SG
hasinaforgcm
09 May 2017
Holdings rns out Kestrel now above 15% .
IOMINVESTCOM
04 May 2017
AGM statement 4 May 2017Gresham Technologies plcAGM statementGresham Technologies plc (LSE: "GHT", or "Company" or "Group"
, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, will be holding its Annual General Meeting at 11.00 a.m. today.At the meeting, the Chairman will make the following statement:"The Group has made a strong start to the new financial year signing five new CTC customers in Europe and the United States, and consulting utilisation has been high across all regions. All new customers signed during 2016 are using CTC in production, including the first US Tier 1 bank win announced in December 2016. In addition, one existing customer in the asset management industry has upgraded its CTC on-premise subscription to our fully managed Clareti-as-a-Service cloud platform.Investment in product development and innovation has progressed in line with plans: Clareti Loan Control 1.0 is in production use with the first customer; Clareti Analytics is now available as an upgrade to the CTC user base; and the acquired C24 technology has been fully integrated into the Clareti platform.The Board is pleased with the C24 contribution since completion with recurring revenues performing as expected. In addition, there have been four new C24 customer wins year to date, including one cross-sale into a global bank customer in Asia Pacific."
hasinaforgcm
03 May 2017
Gresham CEO, Ian Manocha, named top UK data entrepreneur Gresham CEO, Ian Manocha, named top UK data entrepreneur3 May 2017Recognition for data leadership and outstanding innovationLondon, 3 May 2017 – Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, is pleased to announce that Ian Manocha, CEO, has been named by Information Age as a top ten UK data entrepreneur in The Data 50 Awards, celebrating data leadership and excellence.The awards honour people and firms at the forefront of data – those transforming organisations and enhancing decision-making through its use, managing and controlling its proliferating growth, and driving business value.Ian Manocha, CEO, Gresham says, “It’s an honour to be nominated in this year’s Data 50 Awards and this is a testament to the ground-breaking work the Gresham team has been doing in this area for the last few years. Opening our Innovation Labs in Bristol and investing in new products, we are dedicated to helping firms ensure enterprise data integrity. We give them confidence in their data and certainty in their transaction processing”. The Data 50 Awards ceremony takes place on the 18 May at the Montcalm London Marble Arch.-Ends-
hasinaforgcm
11 Apr 2017
Board changes 11 April 2017Gresham Technologies plcBoard changesGresham Technologies plc (LSE: "GHT", or "Company" or "Group", the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, announces the following Board changes.Andy Balchin will join the Board as an independent non-executive director and chair of the audit committee with an effective date of 15 May 2017. Mr. Balchin will also join the remuneration and nomination committees. Mr. Balchin is currently chief financial officer at Clearswift, a provider of cyber security solutions, now part of the RUAG Defence group. He brings significant financial experience in high growth software companies, including Smartstream, SeeBeyond and Documentum. Mr. Balchin is a chartered accountant and has recent experience working in a private equity environment, in M&A and IPO transactions, as well as in external audit during his early career.Chris Errington, non-executive director and current chair of the audit committee, will step down from the Board on 31 May 2017. Mr. Errington has been with the Company since 2004, and the Board wishes to recognise Mr. Errington's enormous contribution to the Group over that period, in particular his key role as chief executive between 2010 and 2015 in initiating and delivering the CTC-based strategy.Ken Archer, Chairman, commented:"I am delighted to welcome Andy to the Board. Andy has significant experience in high growth companies from his current and previous executive roles, and he will bring fresh skills and constructive challenge to the Board as we pursue our Clareti-led strategy to deliver significant profitable growth.I would like to thank Chris for his many years of loyal service to the Group. He has made a tremendous, transformative contribution to the Group, and he leaves with our warmest wishes as he pursues his other business commitments and interests."Regulatory disclosuresAndrew Mark Balchin, aged 56, is not currently and has not at any time in the previous five years been a director of any other publicly quoted company. There is no further information required to be disclosed pursuant to Listing Rule 9.6.13 R in relation to Mr. Balchin.EnquiriesGresham Technologies plc+44 (0) 207 653 0200Ken ArcherIan ManochaRob GrubbN+1 Singer (Broker)+44 (0) 207 496 3000Shaun Dobson
hasinaforgcm
05 Apr 2017
Gresham announces senior appointments in New York Gresham announces senior appointments in New York5 April 2017Strengthens North America sales and accelerates global alliances and channelsLondon & New York, 5 April 2017 – Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, has strengthened its business development team with two senior appointments in New York. Jan Dinger joins to lead the North American sales operation and John Burchenal to build and lead a global alliances programme.The new appointments build on the recent strategic new wins in North America, as well as capitalizing on the fast-growing reputation of the company’s Clareti platform within the financial technology industry.Bill Blythe, Global Business Development, Gresham says, “We’re delighted to welcome Jan Dinger and John Burchenal to the team. They bring with them a wealth of experience that will help us realise our global ambitions in the FinTech space. The North America market presents significant opportunity for Gresham, with strong demand for newer more agile technologies as financial services firms come under increasing regulatory pressure to get their data under control. We are also seeing strong interest from other industry solution providers to partner with us, and forming the right strategic alliances and relationships will be important for the company in the future.”Dinger brings 15 years’ financial technology sales experience and joins Gresham from Advent Software who offer portfolio management, STP and trade order management solutions to investment management firms. During his 10 years at Advent he worked in EMEA and in the US, where he has been for the last three years, leading the strategic accounts team in New York.Burchenal joins from ICAP, where for the last five years he has been running the strategic partner programme for the Traiana business, developing relationships with market infrastructure providers. Prior to that he spent six years at Omgeo, the Thomson Financial/DTCC joint venture, as managing director of strategic growth. John brings a wealth of alliances, sales and financial markets experience to a newly created global role.-Ends-Previous
sharegardener
31 Mar 2017
Re: Gresham adds real-time analytics to the ... Hi Hasinaforcgm!RNS Reach put out for this as well as press release. Slide 29 of the capital markets day presentation ''Organic growth strategy'' spider diagram shows Analytics as coming in 'Mid 2017' so its on target or slightly ahead.Growth is ultimately dependent on new customers adopting the product so improved capabilities should mean more uptake (we hope!).SG
hasinaforgcm
30 Mar 2017
Gresham adds real-time analytics to the Clareti platform [link] adds real-time analytics to the Clareti platform30 March 2017Ongoing commitment to innovation and market leadershipLondon, 30 March 2017 – Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, has launched a real -time data visualisation and embedded analytics solution – Clareti Analytics – to complement its flagship Clareti Transaction Control (CTC) offering.Gresham leads the market in modern enterprise-class transaction control solutions; the launch of the new analytics solution follows on from its recent success as the winner of Chartis’ RiskTech 100® category for Data Integrity and Control. Constantly refining the Clareti platform to add innovative new functionality, the aim of Clareti Analytics is to empower operational users and executive managers to leverage the value of their data – instead of spending their time trying to understand it.Clareti Analytics enables CTC customers to intuitively explore their data, develop valuable business insights and distribute beautiful dynamic reports, real-time dashboards and visualisations onto any device. With Clareti Analytics, business users can identify trends, monitor data integrity and control operations, and track risks or discrepancies at a glance.Available for on-premise and cloud deployments, Clareti Analytics is tightly integrated into the core Clareti platform to ensure fully governed,secure, data access and an exceptional user experience.Customers will be able toinitiate data control actions directly from the visualisations in Clareti Analytics.Neil Vernon, CTO, Gresham says, “In a typical installation, CTC sits at the heart of our client’s data operations and acts as it’s control platform for the enterprise, or a line of business. CTC guarantees the integrity of its data processing and exception management activities. Clareti Analytics removes the need to generate batch reports, instead providing real-time information in a user-friendly interface on tablets and phones as well as desktops.”Ian Manocha, CEO, Gresham says “The fast pace of regulated financial markets means that executives need to have real-time, actionable, insights into their operations to ensure the effective application of their control framework and policies. Clareti Analytics now gives executives the insights and trends to identify business risks earlier and monitor compliance, as well as drive further operating efficiencies and service quality improvements.”On 14 March 2017 Gresham announced its results for the financial year ended 31 December 2016 with Clareti revenues up by 42% and Clareti software recurring revenues up 53%.-Ends-
IOMINVESTCOM
17 Mar 2017
Re: Leading Global Brokerage Firm has se... Morning Sharegardener,Just received this following on from my email to them:-Thank you for the feedback. I do recognise that an email/subscription website service would be a very useful enhancement, and I am advocating for this to be implemented as early as possible. Regarding announcements, RNS is the method for regulatory disclosures only, as you are presumably aware. contrast, where we have noteworthy news that does not give rise to a regulatory disclosure, we generally use website articles and/or press releases to communicate it. Clearly, website articles and press releases are issued at our discretion, although clearly it is important that we do so in a consistent way. I hope this helps.
sharegardener
16 Mar 2017
Re: Leading Global Brokerage Firm has se... Thanks IOM!good of you to go to the trouble to chase the company. So long as they continue to win new customers, then we'll find out eventually! 11 new Clareti customers in FY16 quoted in the results.Other companies are more consistent about RNS announcements but GHT may need to pin down contract deals beforehand. They rarely name customers either as presumably they dont want competitors knowing their IT plans. This makes it difficult to know how many different customers theyre referring to. Google finance and other investing websites do provide newsfeeds linked to companies. eg 4 traders, and digital look. I struggle to keep up with company results and reports but dont like to invest without reviewing all of these. There isnt one comprehensive reliable data source that I have found!Best WishesSG
IOMINVESTCOM
15 Mar 2017
Re: Leading Global Brokerage Firm has se... Hi Sharegardener,Only a partial reply from GHT today so I have tried with a second request to the slight confusion. As for having an email distribution list at this moment in time the company does not have one and expects you to check into their website regularly or use twitter or Google alerts. Strange for a cutting edge tech firm!!GHT Response:-Unfortunately we don’t currently have a news mailshot or alert system, although I am told we are looking to have a subscription capability later this year. In the meantime, please do keep a regular lookout for news on our website or twitter feed. Google alerts are also very useful if you haven’t already set those up.
sharegardener
14 Mar 2017
Results FY16 numbers as expected, good growth overall and looks to me like there is a reasonable prospect of continued sustained growth in the next couple of years.C24 acquisition provides a larger customer base and bigger product range. £1.136M contingent payments still outstanding.CTC is being tweaked and expanded through 2017 Mount Street JV should bring more contracts for CLC (loan control)There may well be a divi this time next year but dont hold your breath!''As reported last year, the Board is committed to commencing a progressive dividend as soon as circumstances are considered to be appropriate, having regard to the need for ongoing investments to support long-term growth. The Board's firm intention remains to declare a maiden dividend in respect of the financial year 2017.''There could be more acquisitions - probably needing extra capital. The last placing at 105p was clearly good value for the IIs but us PIs not given a look in as usual!''The experience gained from the acquisition has been valuable and, during 2017, the Group will look for further accretive acquisitions that bring complementary technology, build our recurring licence revenues, and enable us to grow faster.''There is a relatively small customer base so some risk if biggest are lost:''The Group has customer relationships with two banking customers which are both considered by the Directors to be individually significant relationships; revenue from these relationships both individually exceeded 10% of the Group's revenue, with one customer totalling £3.0m for the year and the other customer totalling £4.4m''Max Royde has stood down as NED. He runs a Jersey based investment Co. Kestrel who at 14% are GHT's biggest holder. Schroder 12.6%.SG
