SmartStream Launches Post-trade Confirmation Solution
SmartStream Technologies has launched a solution to address the post-trade confirmation needs of participants in the global treasury markets, TLM Treasury Confirmations. The solution delivers auto match rates for a range of treasury instruments and deal sources, combined with enterprise scalability designed to help institutions to manage soaring volumes. SmartStream claim that, by replacing legacy applications and semi-manual processes with a single solution, institutions will receive greater control and visibility into the confirmation of any instrument, helping to deliver lower operational costs and risk. Integrated exception management, including proactive alerting, makes managers and analysts aware of any confirmation failures as early as possible to ensure errors can be rectified before they become critical. Functionally-rich dashboards provide end-to-end process monitoring and the ability to drill down to individual transactions to discover the root cause of late confirmations.