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Gresham Technologies PLC - London-based software and services company - Says the Clareti business is continuing to grow strongly in line with expectations. Says the firm benefits from a solid pipeline of new opportunities. The Clareti software platform is a front-to-back servicing platform designed to meet the needs of the real estate lending market.
Chief Executive Officer Ian Manocha says: ‘We are delighted to be extending our relationship with a key banking customer as well as welcoming one of Europe's leading asset managers as a new customer to Gresham. The financial services industry is currently under intense pressure, and our market leading technology solutions provide for more effective and efficient operations, as well as enabling innovation and growth.’
Gresham Technologies expects financial 2022 revenue and earnings to be ahead of market expectations, with committed renewals contributing significantly to financial 2023 revenue.
Current stock price: 141.00 pence
12-month change: down 19%
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