IOMINVESTCOM
14 Mar 2017
Cantor - Reiterates 1.80 target today 14 Mar 17 Cantor Fitzgerald Buy 157.50 180.00 180.00 Reiterates
IOMINVESTCOM
12 Mar 2017
Re: Leading Global Brokerage Firm has se... Hi Sharegardner,I echo your thoughts and sent them an email on Friday.I am with you on that a little confusing and if the above is correct would it not be better to wait a little longer until the contract has formally be signed off so they can add more "meat to the bone". As you say an affect to earnings.atb
sharegardener
11 Mar 2017
Re: Leading Global Brokerage Firm has se... Nice to see more good news on CTC. Announcement as a press release says 'strategic customer win in the US' - ''A leading global brokerage firm has selected Clareti Transaction Control (CTC)''Im getting a bit confused about all these announcements as some come out as press releases with others as RNS.Initial 'customer win' (usually anonymous/commercially sensitive) may be an outline agreement before a detailed contract is formally signed off. As a new contract alters earnings forecasts etc then maybe this is when an RNS is triggered.Feb 15th 2017 (Mount Street MBO/Aareal Bank deal) not reported by Gresham''The innovative loan servicing software platform CLC (Clareti Loan Control) developed by Mount Street is an important part of the partnership with Aareal. This IT has been developed by Mount Street in GMS Loan Technologies Ltd, the joint venture with Gresham Technologies plc.Feb 7th 2017 press release''One of the largest financial service providers in Central and Eastern Europe has selected Clareti Transaction Control (CTC) to provide greater control and integrity within their treasury function and capital markets business, covering foreign exchange (FX), over-the-counter (OTC) trading, exchange traded derivatives (ETD) and inter-company transactions.''Dec 28th 2016 RNSGHT signed its first Clareti contract win with a US Tier 1 bank - ''US-based global financial services institution has adopted the Clareti platform''Full Year prelim results as flagged in the Jan trading update are out on Tuesday with an analysts presentation (will be up on website on Tues). Wednesday - Presentation for 'private and retail' investors at N+1 Singer.As there have been several big changes since sep 2016 all this news may already be in the price but as Kestrel hold a lot of shares, further SP rises will reflect demand.SG
hasinaforgcm
10 Mar 2017
Re: Leading Global Brokerage Firm has se... I got it from Bloomberg first. But they have it on their website now.
IOMINVESTCOM
10 Mar 2017
Re: Leading Global Brokerage Firm has select... Hi hasinaforgcm,Thanks for posting these types of news items.Can I ask where you are sourcing them from as it appears they are not released as RNS news alerts from the company but maybe what GHT post on their own website.Do you subscribe to any email distribution list relating to GHT?Great company by the way. Thanks again for posting.atb
hasinaforgcm
09 Mar 2017
The digital agenda is now a top priority for banking and financial services hxxps://www.cognizant.com/perspectives/the-work-ahead-for-banking-and-financial-services?utm_source=Social&utm_medium=Organic&utm_content=TWAbfs&utm_campaign=ThoughtLeadershipThe digital agenda is now a top priority for banking and financial services executives globally, and no wonder: These businesses are benefiting more from digital technologies than their peers in other industries. This is one of the key findings from our recent research into the changing nature of work in the digital economy.In conjunction with Roubini ThoughtLab, we surveyed 333 senior executives in banking and financial services as part of our global study into how digital will change work across industries. According to our research, these organizations — under pressure from digitally enabled startups — will increasingly dominate not by virtue of their strong industry experience but by their ability to provide a “hyper-personalized” customer experience through the power of digital platforms.Respondents seem well aware that digital will lead this charge, as they expect digital to account for more than 12% of revenues through 2018, up from 5.3% today. That’s a total economic impact of about $542.4 billion projected by the end of 2018 across all financial institutions studied.Back office is a wildly overlooked opportunity. Respondents said digital will reduce costs 1.8% by 2018, indicating a tendency for decision-makers to first think of the front office when executing digital programs. To remain profitable, however, companies need to be digital at the core by eliminating process inefficiencies across the back office.Smart investments = smart ROI. While respondents are spending about the same amount on digital as the industry average (16% of revenues predicted by 2018), they expect higher ROI: 104% vs. the 86% average.Digital “leaders” hold a 140% advantage over digital “laggards.” Companies slow to invest in digital report an average economic impact (cost savings plus revenue growth) of about 3.1% per year, compared with 7.4% among digital leaders. (For a definition of “leaders” vs. “laggards,” see page 22 of our full report.)Big data and artificial intelligence (AI) will shape the future of work. It’s no surprise that 63% of financial services executives see big data/analytics as the biggest game-changer. More surprisingly, respondents forecast that AI will be the second most impactful digital trend. We believe AI-led automation will accelerate the pace of modernization in middle- and back-office operations, while enabling a singular, seamless and synchronous interaction with customers.New tools of commerce are on the horizon. Between now and 2020, cybersecurity and big data are the digital technologies expected to generate the greatest business value. But financial services businesses need to prepare now for less familiar – and even higher value — technologies that will be in full force by 2025, such as blockchain, digital currency, sensors/ Internet of Things and AI.Businesses fear cyber-based vulnerability. Respondents strongly feel that customers will be more exposed to fraud and theft as digital business progresses. The loss of privacy and security are the undesired consequences of becoming digital. If unaddressed, a single error could irreparably destroy consumer trust. (For more on this topic, read our white paper “The Business Value of Trust.”
The Future Is NowWe recommend that banks and financial services organizations take the following steps now to prepare for the digital age:Challenge the status-quo to imagine a future business model. Why wait for digital entrants and the competition to bypass you? Instead, ask why business needs to be conducted as it has for the past several decades.Establish data ethics as a key competitive differentiator. The future of analytics will lie in the intelligent ability to differentiate between appropriate and inappropriate use of data, which will require
hasinaforgcm
09 Mar 2017
Leading Global Brokerage Firm has selected Clareti Transaction Control Leading Global Brokerage Firm has selected Clareti Transaction Control to improve transaction lifecycle management operations9 March 2017London, 9 March 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 a strategic customer win in the United States.A leading global brokerage firm has selected Clareti Transaction Control (CTC) as part of a plan to streamline their data processing and improve transaction lifecycle management operations. The customer provides a full range of trade execution and broker-dealer services across fixed income securities, interest rate swaps, foreign exchange, equities, equity-related products, credit derivatives, commodities, futures and structured products. CTC will be used to ensure the integrity of trading data, improve the effectiveness of controls, and reduce operational costs.Ian Manocha, CEO, Gresham, says “We are delighted to have secured another important client win in the US. Firms are facing changes in the regulatory landscape, demand for more sophisticated financial products and services, and a need to simplify and drive down the cost of processing. This combination of market forces is creating opportunities for more agile enterprise financial technologies. Gresham is well positioned with a growing base of US customers and we will continue to invest in the North American market.”-Ends-
hasinaforgcm
24 Feb 2017
Old FT article but not posted anywhere.. GreshamGresham, the financial software company that serves banks, said on Monday it expected revenues to rise 16 per cent year-on-year to about £17.2m for 2016.The company, which has revitalised itself over the past two years with a new chief executive, provides software that verifies and validates transactions, and maintains the integrity of sensitive financial data.In 2016, it made strong headway in new markets such as the US, according to analyst Cantor Fitzgerald. Cantor said it expected the group to “enter a period of strong revenue growth that . . . will likely move the stock from the sub £100m market zone once and for all”.Last month, Gresham signed its first contract through its New York office with an unnamed US “tier 1” bank for its transaction control product.Although Gresham had a fairly uneventful year on the stock market in 2016, its shares are at a 10-year high of 155.6p. [link]
hasinaforgcm
15 Feb 2017
Aareal Bank enters into strategic partnership with UK based servicing company Mount Street [link] Bank enters into strategic partnership with UK based servicing company Mount StreetWiesbaden, 15 February 2017 – Aareal Bank AG has signed a Letter of Intent for a strategic partnership with the pan-European loan servicing firm Mount Street. The London-based company specialises in the servicing and credit management for commercial property in particular. The aim of this strategic partnership is to support Aareal Bank's credit and syndication processes - and thus further growth - particularly in the syndication business with banks and insurance companies with the help of Mount Street products. Within the scope of this strategic partnership it has also been agreed that Aareal Bank Group will examine the use of the innovative credit management software CLC (Clareti Loan Control) at Group level. Mount Street has developed CLC together with Gresham Technologies plc and actively uses the software itself.Mount Street and Aareal Bank expect the demand for services in the areas of credit management and servicing in Europe to increase markedly in the coming years. Within the framework of the strategic partnership, and with the support of Aareal Bank, Mount Street intends to leverage the potential resulting from this development and plans to further expand its business relationships in the banking and insurance sectors.Mount Street was chosen for this important strategic partnership because of its market-leading credentials, professionalism, and the commitment shown to working with Aareal Bank on aforementioned matters. To underpin this strategic partnership, Aareal Bank will take a 20 per cent stake in Mount Street. The majority of the company will be owned by Mount Street’s management. The parties have agreed not to disclose financial terms of the transaction. The transaction itself only marginally affects Aareal Bank’s financial position.Mount Street currently offers loan services in 18 European countries, and manages more than € 26 billion in property loans for approximately 175 global investors, sponsors and lenders. In addition, Mount Street recently announced its acquisition of EAA Portfolio Advisors (EPA) which will add a further € 29 billion to its assets under management when regulatory approvals are received."With this investment in Mount Street we consistently implement our "Aareal 2020" programme for the future", explains Hermann Merkens, Chairman of the Management Board of Aareal Bank AG. "In line with our strategy, we continue to expand our business along the commercial property finance value chain. At the same time, we secure our access to innovative technologies and a rapidly growing market."
IOMINVESTCOM
09 Feb 2017
Re: Leading European bank selects CTC Morning Sharegardener - Thanks for sending links.It is good news which I had not seen announced to the stock market or the likes of iii or adfvn have not published on their web sites. You would have thought that contract win was good PR to get out in the domain unless they will when they have numbers to give behind this win unless I have missed something.I have double checked both sites but no news on this for 7thatb
IOMINVESTCOM
08 Feb 2017
Re: Leading European bank selects CTC Hi hasinaforgcm - Can I ask where you got this news from?Thanks,atb
hasinaforgcm
08 Feb 2017
Leading European bank selects CTC Leading European bank selects CTC for greater financial and risk control7 February 2017London, 7 February 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 a strategic win in the European banking sector.One of the largest financial service providers in Central and Eastern Europe has selected Clareti Transaction Control (CTC) to provide greater control and integrity within their treasury function and capital markets business, covering foreign exchange (FX), over-the-counter (OTC) trading, exchange traded derivatives (ETD) and inter-company transactions.Ian Manocha, CEO, Gresham says, “This is the first customer win for our new continental Europe sales office which we opened in September 2016, and is an indication of the potential we see for our technology in Europe’s regional banks.Irrespective of whether you are a global, regional or niche financial markets player, being in control of your data is a business imperative. It is a time of unprecedented change and uncertainty in global markets and firms cannot afford to be constrained by inflexible monolithic systems or by spreadsheets and other manual intensive processes. The Clareti platform gives firms confidence in the integrity of their data and helps them be more agile.”-Ends-
Vipers Ox
06 Feb 2017
Re: Tipped in small company sharewatch tipsheet also positive article in TechInvest - "in our opinion the shares look well set to make further progress this year"
hasinaforgcm
06 Feb 2017
Tipped in small company sharewatch tipsheet Posted on advfnnurdin 6 Feb '17 - 09:23 - 6235 of 6236 1 0Here is how SCSW concluded its tip over the weekend.'For the current year to 31 December, Cantor Fitzgerald forecasts total sales to climb to £20.3m, up from £17.2m in the year just ended. Profit is set to climb from £2.8m to £4.2m if they are anywhere near the mark. Based on eps of 6.4p the shares may look expensive but further tier 1 wins are expected in the current year. The company already has direct sales offices in London, New York, Singapore and Australia and the 80%+ gross margins on software and very high “drop through” create an exciting entry point. Buy.'
sharegardener
09 Jan 2017
FY16 - excellent progress Todays trading update demonstrates big inroads with CTC sales as well as plenty potential from the recent Clareti Loan Control JV. Strong position overall with £7.2M cash and debt free so there could be a maiden divi when results are reported w/c 13th March.Kestrel Partners own 14% of shares (linked to NED on the board) and in a previous RNS Richard Griffiths of Seren Investment now over 3%. RG also linked to an offshore investment group on Jersey where Kestrel are also based. Will keep a close watch on these holdings as the reduced free float can lead to big swings in SP.Pleasing progress overall!SG
