Alight and Gresham Partnership Provides Planning Solution for Banks
Alight LLC, developers of the industry-leading Alight Planning financial planning and reporting software, and Gresham Computing Inc, a software company specializing in end-to-end software solutions for the banking industry, today announced a strategic partnership to deliver an integrated budgeting, reporting, and planning solution customized for banks. As a thought-leader in driver-based planning across many industries, Don Koenes, Alight VP Services, developed the original best-practice planning model in Alight after working directly with banks to understand their planning challenges.
“Gresham customers are embracing Alight as their solution of choice,” Koenes said. “While some are starting with the simple replacement of cumbersome spreadsheets, the banking executives I have talked to all see the opportunity to take planning to the next level. As banks look to become more proactive and make better decisions faster, agile planning solutions become increasingly important. With Gresham’s customized integration solution that automates data transfer from their Clareti banking transaction system into Alight, combined with Alight’s driver-based planning expertise, Gresham’s customers have a great opportunity to rapidly move up the planning maturity curve.”
Gresham’s Managing Director in Canada, John Walton, says: “Our customers were telling us they needed a planning solution. Being a software company, our first thought was to build our own, however we did take time to evaluate software solutions designed for budgeting and reporting. Once we reviewed the Alight Planning demonstration for banks, we knew that the solution we needed already existed. We are very pleased to be working with the Alight team. They are committed to not only providing the software, but also collaborating with us to ensure each of our client’s installations is a success.”
Banks deploying Alight and Gresham’s integrated budgeting and planning solution include Development Bank of St. Kitts & Nevis and National Bank of the Virgin Islands Ltd.
To learn more about Gresham Computing, click here.
To learn more about the Alight budgeting and planning solution for banks, click here.
About Gresham Computing
Gresham Computing plc (www.gresham-computing.com) is an expert in delivering real-time financial services, specializing in providing banks and their customers with value added solutions. Founded in 1969, Gresham Computing plc has been listed on the London Stock Exchange (GHT) since 1991 and has offices in North America, Europe and Asia Pacific. Many of the Fortune Global 500 choose Gresham to help improve their competitive edge and bottom line performance in the challenging market sectors of Banking Services, Deposit Acquisition, Real-Time Liquidity, Risk, Cash and Treasury Management, Supply Chain Financing and Electronic Invoicing.
About Alight LLC
Alight LLC’s Alight Planning is a true driver-based financial planning and reporting software package that automates complex business modeling for more accurate strategic plans, revenue projections, budgets and rolling forecasts. Its unique architectures and easy-to-use interfaces provide finance staff the power they need to build complex driver-based planning models, while delivering traditional budgeting and planning structures such as line item detail, integrated financial statements and multiple-user security. Cost-effective and IT-independent, Alight Planning is affordable and easily deployed by Fortune 500 business units, as well as midmarket companies with limited IT resources. Alight has over 200 customers including Kaiser Permanente, British Telecommunications, Pittsburgh Mercy Health, the Swan and Dolphin Resort at Disney World and Verizon Wireless. For more information about Alight Planning, visit www.AlightPlanning.com or call 800-960-7717.
