Mirabaud & Cie reconciles with SmartStream

Mirabaud & Cie reconciles with SmartStream

Swiss private bank Mirabaud & Cie has implemented SmartStream's Corona system to manage the reconciliation and exceptions processing of cash, securities and FX trades at its Geneva headquarters.

SmartStream says Mirabaud & Cie is the first client to install its Corona solution on an IBM AS400 platform.

Jean Claude Schneider, CIO directeur adjoint, Mirabaud Privat Bank, comments: "We will now be able to track the complete transaction process from confirmation through to settlement in a single system, giving the user complete transaction transparency."

The bank adds that it also plans to install the system at its subsidiary in Montreal, Canada.

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