LONDEN– (BUSINESS WIRE) – SmartStream Technologies, de leverancier van financiële Transaction Lifecycle Management (TLM^®) -oplossingen, kondigt vandaag de lancering aan van TLM Aurora Universal Data Control – gedreven door de vraag van de klant – het is de enige oplossing in zijn soort die overeenkomt met eventuele afstemmingsgegevens , van eenvoudige tot complexe matching door AI, machine learning en cloud-native technologie mogelijk te maken.

Banken staan onder druk om wijzigingen door te voeren in hun kernsystemen vanwege de ISO 20022-normen en de impact die Covid-19 heeft gehad op het personeel dat vanuit huis werkt. Financiële instellingen hebben zich in de loop der jaren gerealiseerd dat datasets en de soorten afstemmingen complexer zijn geworden, mede door open banking API’s en de toename van volumes. SmartStream, geleid door zijn klanten, heeft TLM Aurora Universal Data Control volledig opnieuw ontworpen met een allesomvattende oplossing om tegemoet te komen aan de eisen van de industrie en de uitdagingen waarmee financiële instellingen worden geconfronteerd.

SmartStream Launch High Performance, AI Enabled Platform to Meet Client Demands for Managing Complex Data

LONDON–(BUSINESS WIRE)– SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider today announces the launch of TLM Aurora Universal Data Control – driven by client demand – it is the only solution of its type to match any reconciliations data, from basic to complex matching by enabling AI, machine learning and cloud-native technology.

Banks are under pressure to carry out changes to their core systems due to ISO 20022 standards and the impact Covid-19 has had with staff working from home. Financial institutions have realised over the years that data sets and the types of reconciliations have become more complex, partly due to open banking APIs and the increase in volumes. SmartStream, led by its clients, has completely re-engineered TLM Aurora Universal Data Control with a comprehensive solution to accommodate industry demands and the challenges faced by financial institutions.

Roland Brandli, Strategic Product Manager, SmartStream Technologies, states: “The discussions we are having with banks right now revolve around ISO 20022 which is the biggest driver – where financial institutions are having to upgrade legacy systems for data remediation and improved channel and back-office processing. We decided to completely rebuild a solution, this involved developing a new environment to meet today’s business needs. We were able to develop the solution at speed by leveraging the latest AI and machine learning technologies from our Innovation Lab, deploying the latest UI design from our market leading TLM solution suite, whilst working with our Managed Services team to ensure that it’s easily accessible and cloud-native. TLM Aurora Universal Data Control provides wall-to-wall coverage and goes over and beyond basic reconciliations. It is based on open architecture and adaptable to all banking requirements, without the need to reengineer any operational processes”.

TLM Aurora Universal Data Control is adaptable to any new data requirements, easily connecting to different types of data – enabling a seamless transaction lifecycle. It will provide full reconciliation and exception management capabilities with ease of use for its clients. It is easily consumed via the cloud or it can be deployed on-premise or as a managed service.

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Contacts

For further information:

Shamira Alidina, Media Relations Director

Dina Communications

Tel: +44 (0) 7801 590718

Email: shamira@dinacomms.com

Nathan Gee, Marketing Director

SmartStream Technologies

Tel: +44 (0) 20 7898 0630

Email: nathan.gee@smartstream-stp.com
visit: www.smartstream-stp.com