Gresham Technologies, a global provider of enterprise data automation solutions for the financial services sector, has announced a significant update to its reconciliation platform, Control for Investment Management, which introduces a streamlined web-based interface aimed at improving daily oversight of critical data, while preserving the platform’s core reconciliation capabilities.
New functionality includes an API designed to automate record extraction and updates, alongside embedded documentation to facilitate user adoption. Gresham is also offering specialist onboarding support tailored for large asset managers and hedge funds.
“In all of our products, we have recognised that clients increasingly want to engage directly with the intelligence embedded within the platform and leverage it through their own systems and processes,” says Ian Manocha, Gresham’s CEO, in conversation with TradingTech Insight. “Providing a web-based interface and embedding APIs within a modern, robust architecture has been fundamental to this approach, and we’ll continue to introduce more APIs across our solutions. For example, in our major banking control application, used by some of the largest Tier One banks, we’ve implemented APIs that allow institutions to call on the matching services directly through their own applications. Ultimately, it’s all about opening up the power of the platform to support a wider range of use cases.”
As clients increasingly integrate Gresham’s platform capabilities into their own environments, new possibilities are emerging around the use of agentic AI, where systems can autonomously interact, reason, and take action, suggests Manocha. “We already use AI to ingest data, match data, and suggest how to resolve exceptions, and we’ve been on that journey for a couple of years now,” he confirms. “The introduction of agentic AI represents a further step forward. Instead of making decisions on individual cases based purely on rules, agentic AI enables us to address problems on a more multidimensional level. Applying agentic AI to exception management is definitely the next frontier. However, it is likely to be most relevant for larger organisations with substantial data operations teams. For the majority of our buy-side clients, it is unlikely to deliver significant additional value at this stage, given the already exceptional match rates we achieve for them.”
The enhanced features were presented at a dedicated user group event on 15 April, where attendees received a live demonstration and best-practice guidance on optimising daily operations while alleviating the workload on internal IT teams.
Control for Investment Management, formerly marketed under the Electra brand, supports over 100 active clients including investment managers, hedge funds, and other buy-side organisations, and is fully integrated with Gresham’s Pulse Data solution, which aggregates data from more than 6,000 feeds across 1,600 global sources. This integration enables a single-vendor approach that aims to simplify operational processes, accelerate exception management, and reduce overall costs for investment managers.
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