– UK, London – Gresham Technologies plc (LSE:GHT), 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.”
Gresham’s award-winning Clareti software platform has been designed to provide financial institutions with complete certainty in their data processing. Clareti is a highly flexible and fully scalable platform for assuring enterprise data integrity and is designed to address today’s most challenging financial control, internal risk management, data governance and regulatory compliance problems. Gresham’s portfolio of applications based on the Clareti platform, including Clareti Transaction Control (CTC), Clareti Accounts Receivable Management (Clareti ARM), Clareti Loan Control (CLC) and Clareti 24 Integration Objects (C24 IO), provide innovative industry specific solutions for real-time data management.
Gresham Technologies plc is a leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, customers include some of the world’s largest financial institutions, all of whom are served locally from offices located in Europe, North America and Asia Pacific.
For more information : http://greshamtech.com
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