17 August 2017
Find out more

Rabobank chooses SmartStream for cash reconciliation

11 March 2002  |  3053 views  |  0 Rabobank chooses SmartStream for cash reconciliation

Rabobank has implemented SmartStream Technologies Corona solution for real-time reconciliations and processing of cash transactions.

The Dutch bank now has 60 users across five business units using Corona at its head office in Utrecht.

The system provides functionality for the reconciliation of accounts, payments and securities as well as FX, money market and derivatives messages.

A key reason for choosing SmartStream was its ability to match multi-instrument types and perform real-time reconciliation, say Rabobank.

Henk Hutink, project manager, at Rabobank, says: "We are constantly striving to improve operational efficiency and respond to the increasing demands of a 24-hour global economy. By using Corona we are able to receive and process payments around the clock, allowing us to monitor our real-time cash position and limit risk exposure."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

National Bank of NZ reconciles with SmartStream

National Bank of NZ reconciles with SmartStream

04 March 2002  |  2552 views  |  0 comments
SmartStream wins Chinese bank reconciliation contract

SmartStream wins Chinese bank reconciliation contract

19 February 2002  |  2577 views  |  0 comments
KBPB reconciles with SmartStream

KBPB reconciles with SmartStream

11 February 2002  |  2680 views  |  0 comments
Omgeo adds Marson, Brown to board; strikes deal with SmartStream

Omgeo adds Marson, Brown to board; strikes deal with SmartStream

29 January 2002  |  3418 views  |  0 comments
Dexia BIL reconciles with SmartStream

Dexia BIL reconciles with SmartStream

15 January 2002  |  2649 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.abe-eba.eudownload the paper nowvisit www.dorsum.eu

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10358 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9746 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9639 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8560 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8044 views comments | 1 tweets | 2 linkedin

Featured job

Find your next job