Gresham today announces a major enhancement to its reconciliation solution, Control for Investment Management, previously sold under the Electra brand.

With over 100 active clients, the Control for Investment Management application has become the gold standard for investment managers, hedge funds, and other buy-side organisations seeking to efficiently reconcile their cash, positions, and transactions. The latest update, already in production use with early adopters, retains the solution’s patented, intelligent workflow, which has established it as a market leader, and introduces a user-friendly web interface that simplifies daily oversight of critical data.

Ian Manocha, CEO of Gresham, commented, “Moving Control for Investment Management to a web-based solution is an important step forward and gives our clients faster access, more flexibility, and greater control. It’s the first of a series of exciting new product releases we’re rolling out to meet the evolving needs of financial institutions. It’s a strong sign of the investment we are making in our product roadmap and suite of cloud offerings.”

Steve Weinburg, Product Manager, added, “Clients worldwide have relied on this tool for essential reconciliation tasks. By introducing a web-based interface and expanding our APIs, we’re creating stronger links between Control for Investment Management and other Gresham solutions, enabling data and insights from one product to enhance the capabilities of another. This approach boosts daily efficiency, while offering a more integrated, unified experience for investment managers around the globe.”