Standard Chartered Bank Creates Global Reconciliation Platform Powered by SmartStream Solution
Standard Chartered Bank has selected SmartStream’s TLM Reconciliations to create a global reconciliations platform. As part of an ongoing strategic review to ensure the bank continues to put in place best in class solutions, the bank highlighted reconciliations as a potential area for development.
With the bank growing rapidly and volumes rising, Standard Chartered has chosen to integrate its existing reconciliations process into a single reconciliations platform using TLM Reconciliations. The bank hopes that this will enable it to increase efficiency, help reduce operational risk in its back office operations and further improve its customer service levels.