25 April 2018

SmartStream reports TLM Reconciliations contract win

22 May 2008  |  1674 views  |  0 Source: SmartStream Technologies

SmartStream Technologies, the Transaction Lifecycle Management specialist, today announced that one of Singapore's leading Fund Managers has gone live on TLM Reconciliations.

The firm is using TLM Reconciliations to deliver a consolidated platform for cash, securities and inter-system reconciliations across its Singapore and Hong Kong fund management operations.

The decision to consolidate its reconciliations onto a single platform was taken to help rationalise and standardise business processes and reduce operational costs. As a result, the firm is redeploying some of its back office staff to deliver more proactive handling of exceptions. It will also gain greater visibility into its transactions, helping the firm to utilise its assets more effectively and efficiently.

Stefan Wawrzyniak, Regional Director for SmartStream in Asia Pacific, said: "Having one of Singapore's largest fund managers select TLM for its back office operations demonstrates, once again, SmartStream's ability to support institutions' transaction management needs globally. TLM Reconciliations' flexible, generic data model and rich workflow capabilities were critical to delivering this firms' operational vision. We are very pleased that it has recognised these capabilities and chosen SmartStream to help deliver its strategic vision."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit http://wup.digitalVisit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
Top tier banks pass first transactions on trade finance blockchainTop tier banks pass first transactions on...
14965 views comments | 21 tweets | 28 linkedin
TransferWise becomes first non-bank to open settlement account with BofE RTGSTransferWise becomes first non-bank to ope...
11504 views comments | 18 tweets | 32 linkedin
'Fake data' will make banks vulnerable - Accenture'Fake data' will make banks vulnerable - A...
9870 views comments | 26 tweets | 36 linkedin
Irish central bank tunes in to fintechIrish central bank tunes in to fintech
8973 views comments | 20 tweets | 21 linkedin
Major card schemes zero in on single 'buy' button for online commerceMajor card schemes zero in on single 'buy'...
8868 views comments | 20 tweets | 36 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job