Cash & Liquidity ManagementCash ManagementGresham rolls out real-time bank integration platform

Gresham rolls out real-time bank integration platform

Gresham's new Clareti Multi-Bank platform is designed to increase speed-to-market for corporate treasurers seeking more efficient cash management solutions.

Following its acquisition of cash management and payments specialists B2 Group in July, software company Gresham Technologies has launched its new Clareti Multi-Bank platform.
Clareti Multi-Bank is designed to enable corporate clients to integrate their payment and statements systems automatically with their banks, giving them a single point of access and cash management platform.

The Clareti Adapter tools offered by the new service provide ‘out-of-the-box’ integration to almost any payment message format or in-country clearing system. This makes integration of real-time customer data much faster than was previously possible.

Ken Lillie of Lillie Associated Treasury Consulting commented: “I have followed the evolution of the Multi-Bank platform from its initial launch in 2016 by the B2 Group to a small community of banks and corporates a few years ago, to the comprehensive cash management and banking integration service that we see today.

“Faster time-to-market through the inclusion of additional Gresham software, such as Clareti Adapters, undoubtedly adds significant value to corporate treasuries wishing to automate their cash management functions, especially in the case of a multi-national multi-banked company.”

According to Phil Boland, managing director Gresham Cash Management Solutions, “The complexities of banking integration, for automated file-based channel banking, often made really quick delivery a challenge for us in the past.

“The recent inclusion of Clareti’s messaging adapters into Clareti Multi-Bank, which I am delighted to say happened smoothly and like clockwork, helps us overcome that challenge to offer our customers a faster more-cost effective service. ”

Gresham is adding extra functionality to the platform, such as automated reconciliation of accounts receivables, while the implementation of Clareti Multi-Bank extends the company’s geographical reach to clients in North America and Asia Pacific.

Gresham CEO Ian Manocha commented: ” Our recent acquisition of the B2 Group enables us to add powerful cash management and bank connectivity capabilities to our core financial messaging, reconciliation and transaction control offerings.”

Related Articles

The SAP Ariba and American Express partnership: What it means for treasurers

Cash Management The SAP Ariba and American Express partnership: What it means for treasurers

3w Austin Clark
How can businesses tackle working capital challenges in 2019?

Cash Management How can businesses tackle working capital challenges in 2019?

4w The Global Treasurer
Working capital: An important tool in uncertain times

Cash Management Working capital: An important tool in uncertain times

4w Austin Clark
Brexit could push payment terms over the edge for thousands of small businesses

Accounts Payable Brexit could push payment terms over the edge for thousands of small businesses

2m Paul Christensen
Lodge cards: The easy way to save on travel purchases?

Cash Management Lodge cards: The easy way to save on travel purchases?

2m Nash Riggins
Interest rates: Part four of our in-depth focus on the six bold treasury predictions for 2019

Cash Management Regional Interest rates: Part four of our in-depth focus on the six bold treasury predictions for 2019

3m Nash Riggins
Brexit: What does last week’s Westminster drama mean for business?

Cash Management Brexit: What does last week’s Westminster drama mean for business?

3m Nash Riggins
What factors are reshaping global payments?

Cash Management What factors are reshaping global payments?

3m Michael McCaw