CLSA Asia-Pacific Markets implements SmartStream's TLM platform

CLSA Asia-Pacific Markets, a Hong Kong-based subsidiary of Credit Lyonnais, has licensed SmartStream Technologies' Transaction Lifecycle Management (TLM) platform.

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CLSA Asia-Pacific Markets implements SmartStream's TLM platform

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The firm will use TLM to manage its cash and securities reconciliation processes and will replace several legacy and in-house systems.

Mr Rajah, CIO of CLSA, says the platform will provide integrated, enterprise-wide audit and control from one location: "We need the ability to consolidate and control processes from a central point while seamlessly allowing users in multiple locations to use the Web to access reconciled positions, transactions and cash information in real time."

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