UBS automates reconciliations with SmartStream
11 October 2004 | 4899 views | 0
UBS Investment Bank has implemented SmartStream Technologies' Transaction Lifecycle Management software to automate reconciliations and exceptions processes.
The bank is rolling out the vendor's TLM Reconciliations and Exception Management product to 450 concurrent users globally to manage cash reconciliations at its investment banking operations.
SmartStream says the the first two phases of the global rollout have provided 350 users in the Asia Pacific and EMEA regions with access to TLM. Phase three will extend the implementation to cover the North American region in mid October.