SmartStream’s TLM Cash and Liquidity Management solution is an example of the firm’s prowess in solving operational processing challenges while understanding end-to-end transaction flow—from trade inception to settlement. The solution provides a real-time view of liquidity and transparency using advanced payment flow controls, resulitng in a greater ability to curb risk while reducing overall fees.
Additionally, the company’s TLM Cash and Liquidity Management solution takes the real-time payments that originate from SWIFT and enables customers to create a real-time cash ladder to manage the balance. Through the use of the Solution banks can break down organizational silos with a single enterprise-wide platform for cash management, treasury management, exceptions, and reconciliations management.
The RDU will lower the cost of processing reference data whilst creating ample opportunities for banks, data vendors, and exchanges
In addition, SmartStream has carved a niche in the industry with its original, market-leading reconciliation solution. Deployed by thousands of financial institutions worldwide, this powerful and highly scalable engine is used to process exceptions and to create a single engine that catches broken trades and payments, repairing them on the go. One SmartStream client had different vendors and multiple users each of whom were using traditional spreadsheets for their reconciliations processes. With the deployment of SmartStream’s TLM Reconciliations Premium solution, this milti-national bank was able to consolidate its operations, while capturing greater visibility into the entire trade-flow and reducing the processing costs by nearly 95 percent.
Peeking into the future, Chambadal believes that analytics and robotics will play a compelling role in the finance industry. “Forging ahead, we plan to continue empowering our clients by reducing their operational cost and helping them build next generation products,” says Chambadal. “We want to combine robotics with our existing software to empower our customers to create new levels of efficiency.”