Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • Investegate.co.uk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com
  • FETransmission.com
  • Trustnet.hk
  • FEAnalytics.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Gresham Computing (GHT)

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Tuesday 02 November, 2010

Gresham Computing

Interim Management Statement

RNS Number : 4181V
Gresham Computing PLC
02 November 2010
 



2 November 2010

Gresham Computing plc

("Gresham" or "the Company")

Interim Management Statement

Period 1 July 2010 to 1 November 2010

 

Gresham Computing plc (LSE: GHT), the specialist provider of real-time financial solutions, reports its Interim Management Statement for the period 1 July 2010 to 1 November 2010.

 

The improvement in results and delivery of profit experienced in the first two quarters of 2010 continued through into the third quarter and the financial position of the Company remained strong.

 

Our Software business continued to deliver excellent results from a combination of both EDT and VME software sales.  As announced separately last week, we were pleased to renew a major Software contract worth £1.3m over 4.5 years, with the full amount of cash payable in Q4 2010.

 

Our Real Time Financial Solutions business comprises a number of solutions and I am pleased to say that we saw progress in each business:

 

·     Revenues and customer numbers continued to grow in the virtual accounts cash management solution deployed by a major UK bank.  We are now actively working on the deployment of a strong pipeline of secured work whilst seeking further growth;

·     Two major banks use CCRS on a daily basis and we have increased the availability of currencies from new provider banks further in the period with revenues increasing as a result.  We are targeting further growth both from adding more currencies and taking the proposition to prospective new user banks;

·     We added a further customer to our working capital supply chain solution in the period and we remain focused on further growth in both revenues and customer numbers; and

·     Overall, our professional services teams were well utilised in the period and we anticipate this continuing through into next year.

 

Overheads have been controlled carefully in the period and we continue to keep this area under close review.

 

Board changes

Eric Sepkes has resigned as Chairman and Director of Gresham Computing plc with effect from 2 November 2010.  The Board thanks Eric for all his work at Gresham and wishes him every success for the future.

 

Ken Archer, currently a Non-Executive Director, is appointed Non-Executive Chairman with immediate effect.

 

In addition, Chris Errington is appointed CEO with immediate effect, a role which he has held on an interim basis since April this year.  Rob Grubb continues as interim CFO.

 

The Board now comprises: Ken Archer (Non-Executive Chairman), Chris Errington (CEO) and Max Royde (Non-Executive).

 

Outlook

We expect the improvement in trading seen so far this year to strengthen further through to the end of the year from a combination of both license sales and strong demand for implementation services.  We are also building a good order book and pipeline of new business for delivery in 2011.

 

Chris Errington, CEO, commented:

 

"Trading has remained ahead of our expectations for the third consecutive quarter and we are now working to close out the full year in a similar fashion."

 

Ken Archer, Non-Executive Chairman, commented:

 

"I am delighted to take up the role of Chairman at Gresham Computing in what is an exciting time for the Company. In challenging market conditions, the Company has established a solid financial foundation which will underpin planned market strategies to drive profitable growth.I would also like to extend my appreciation to Eric for his contribution as Executive Chairman." 

 

- Ends -

 

For further information please contact:

Gresham Computing plc

+44 (0) 20 7653 0200

Chris Errington, CEO

Ken Archer, Non-Executive Chairman


Singer Capital Markets Ltd

Shaun Dobson, Partner and Joint Head of Corporate Finance

+44 (0) 20 3205 7500

James Maxwell, Director of Corporate Finance


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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