SmartStream is a recognised leader in financial transaction management solutions that enables firms to improve operational control, reduce costs, build new revenue streams, mitigate risk and comply accurately with regulations.

By helping its customers through their transformative digital strategies, SmartStream provides a range of solutions for the transaction lifecycle with artificial intelligence and machine learning technologies embedded - which can also be deployed in the cloud or as managed services.

As a result, more than 2,000 clients—including 70 of the world’s top 100 banks, rely on SmartStream Transaction Lifecycle Management (TLM®) solutions to deliver greater efficiency to their operations.

For more information about SmartStream, visit www.smartstream-stp.com

SmartStream launch high performance, AI enabled platform to meet client demands for managing complex data

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider today announces the launch of TLM Aurora Universal Data Control - driven by client demand - it is the only solution of its type to match any reconciliations data, from basic to complex matching by enabling AI, machine learning and cloud-native technology.

Banks are under pressure to carry out changes to their core systems due to ISO 20022 standards and the impact Covid-19 has had with staff working from home. Financial institutions have realised over the years that data sets and the types of reconciliations have become more complex, partly due to open banking APIs and the increase in volumes. SmartStream, led by its clients, has completely re-engineered TLM Aurora Universal Data Control with a comprehensive solution to accommodate industry demands and the challenges faced by financial institutions.

Roland Brandli, Strategic Product Manager, SmartStream Technologies, states: “The discussions we are having with banks right now revolve around ISO 20022 which is the biggest driver – where financial institutions are having to upgrade legacy systems for data remediation and improved channel and back-office processing. We decided to completely rebuild a solution, this involved developing a new environment to meet today’s business needs. We were able to develop the solution at speed by leveraging the latest AI and machine learning technologies from our Innovation Lab, deploying the latest UI design from our market-leading TLM solution suite, whilst working with our Managed Services team to ensure that it’s easily accessible and cloud-native. TLM Aurora Universal Data Control provides wall-to-wall coverage and goes over and beyond basic reconciliations. It is based on open architecture and adaptable to all banking requirements, without the need to reengineer any operational processes”.

TLM Aurora Universal Data Control is adaptable to any new data requirements, easily connecting to different types of data - enabling a seamless transaction lifecycle. It will provide full reconciliation and exception management capabilities with ease of use for its clients. It is easily consumed via the cloud or it can be deployed on-premise or as a managed service.

Connect Now

This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Other Articles

SmartStream steps ahead with new industry digital payments solution

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, announced the launch of TLM Aurora, the industry’s leading reconciliation platform.

Bringing automation and increased efficiency to post-trade processing in Asia

SmartStream’s post-trade processing solution eliminates downstream exceptions through enabling real-time processes based on verified data.

SmartStream reveal their latest API suite with a complete range of reference data services

SmartStream Technologies, the financial Reference Data Utility (RDU) solutions provider, today announces the launch of its Application Programming Interface (API) suite – for quicker access to services providing accurate data, with improved customer service, operational efficiency, greater agility and competitiveness. The new fully comprehensive API service will benefit financial institutions by saving huge amounts on infrastructure costs, as well as an affordable service which is straightforward to deploy.

SmartStream reveals new brand identity

This reflects the company’s mission to spearhead technological innovation.

Digital payments driving the trend in APAC market

As digital payments take the centre stage, the complexity of transactions is also increasing. Santosh Tripathy explains how providers can address these using SmartStream’s operational control platforms.

Digital payments automation: What now?

As digital payments push out cash amidst the pandemic, providers look to SmartStream Technologies, for an automation advantage. Santosh Tripathy talks about the backbone needed for would-be players.

How SmartStream's managed services is transforming banking in Asia Pacific

Managed services streamlines operations and cuts costs by eliminating manually intensive processes.

Asian banks to adopt cloud-based managed services for efficient back-office operations

Managing back-office trading processes are becoming more complex with the twin pressures of increasing regulation and reduced headcount, which requires banks to reexamine their operations, according to SmartStream’s global product manager of managed services Peter Hainz.

Banks embrace corporate actions automation with SmartStream's award-winning platform

When a European company was struggling with a corporate actions conundrum of spending four hours each day collating new event notifications that have been received into the organisation, it turned to SmartStream Technologies for a solution that would enable them to automate the painstaking process. The firm implemented SmartStream’s TLM Corporate Actions platform, which then drastically cut down the processing time compared to the previous manual system that was bogged down by an influx of printed SWIFT messages, fax messages, emails and Excel spreadsheet reports.

New technologies transform data validation and reconciliations in banking

AI and Machine Learning (ML) technologies improve operational efficiency and decision making for middle and back office.

SmartStream’s AI solution supports continuous streaming of reconciliations

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider announces the launch of SmartStream Air Version 4, which provides the continuous streaming of reconciliations using the latest AI cloud-native technology. The new version will manage large volumes of data in a variety of non-standard formats and structures, it will check for accuracy and completeness on a continuous basis, without the need to reload unmatched items.

SmartStream bolsters APAC team with two new hires to meet increasing demand for client support and delivery

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider today announces two senior appointments - Romain Rohee, Regional Head for Client Services and Delivery and Amol Deep, Delivery Engagement Director – both hires will strengthen the regional team in areas of solution delivery and client engagements.   Romain Rohee will lead and set direction on all product delivery, with a key focus on customer satisfaction and relationships across all stages of the client lifecycle. Prior to joining SmartStream, he was the APAC Head of Operations for ITRS Group and led their managed and professional services teams. Before this, he was at two other organisations managing process implementations and integration for Société Générale and Orsyp Group, globally. 

Addressing operational challenges in financial institutions through effective managed services

SmartStream Head of Business Development, Managed Services Mark Morris provided insights on the need to upgrade systems and create efficiencies to reduce costs and risks.

SmartStream steers new intelligent design for exceptions management

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces new intelligent exceptions management design for its cloud-native AI powered SmartStream Air solution – enabling the process of identification, prioritisation, allocation, and audit to be further simplified.

Understanding the benefits of a robust intraday liquidity management system

Managing an effective intraday liquidity system doesn’t have to be a tedious and drawn-out process.