18 July 2018
Visit www.avoka.com

Abbey Financial Markets purchases SmartStream's TLM Reconciliations

25 November 2004  |  2488 views  |  0 Source: SmartStream Technologies

SmartStream Technologies, the market leading provider of Transaction Lifecycle Management solutions, today announced that Abbey National plc ("Abbey") has purchased TLM Reconciliations for use as a strategic tool within Abbey Financial Markets ("AFM").

AFM has appointed SmartStream as their vendor of choice for reconciliations. The organisation will be implementing TLMR Reconciliations as their strategic reconciliations platform, managing inter alia cash, custody and inter-systems reconciliations.

Steve Jennett, Head of Operations, Financial Markets, explained "TLMR Reconciliations is the basis for our STP Control Architecture, offering the potential to adopt an enterprise approach to reconciliations. TLMR is enabling us to build a scalable reconciliations process to manage transactions across their entire lifecycle."

TLMR Reconciliations distinguishes itself with the truly generic capability to manage multi way, multi transaction models that are required for a lifecycle approach.

Commenting on the purchase, Steve Moss, Business Development Director, SmartStream, stated, "SmartStream has enjoyed a long relationship with Abbey and we are delighted that they have selected TLMR Reconciliations."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://secure.vasco.comVisit http://go.jumio.com/finextraAdVisit info.nice.com

Top topics

Most viewed Most shared
Metro Bank opens developer portalMetro Bank opens developer portal
9793 views comments | 5 tweets | 14 linkedin
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
9757 views comments | 3 tweets | 7 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9352 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
8601 views 19 comments | 14 tweets | 30 linkedin
Citi to streamline corporate receivables with HighRadiusCiti to streamline corporate receivables w...
8039 views comments | 1 tweets | 5 linkedin

Featured job

Find your next job