SmartStream provides enterprise-wide, real-time Transaction Lifecycle Management (TLM) solutions to approximately 1,500 clients, including over 70 of the world's top 100 banks. SmartStream's solutions enable clients to tackle the barriers to Straight Through Processing and create more efficient, customer focused, cost-effective, compliant operations.
Founded in 2000, SmartStream has expanded and evolved from a dedicated focus on reconciliations to become a leading provider of software solutions that bring automation and control to post-trade operations. The company has grown rapidly, introducing new solutions and winning multiple industry accolades.
2000
2003
- Acquires Connextive and ESI, providing additional BPM tools and basis for TLM Corporate Actions solution
2006
- TLM Control launched
- TA Associates acquires SmartStream
2007
- TLM Trade Process Management launched
- TLM Cash Management launched at Sibos industry conference
- Santander creates the first reconciliation 'shared service centre' with TLM
- Launches TCS Aspire service with Deutsche Bank as first client
- DIFC acquires SmartStream from TA Associates
2008
- First client signs to TLM Cash Management
- TLM Treasury Confirmations launches with UK Tier 1 bank
- Global expansion continues with new office in Dubai
- Standard Chartered creates global reconciliation platform with TLM
- Indian Development Centre expands to enhance breadth of TLM solutions
2009
- SmartStream launch TLM OnDemand (SaaS Reconciliations)
- Wins The Asian Banker's 'IT Implementation of the Year' for RBS project
- DClear Utilities launched for Back Office, Brokerage and Reference Data
- Becomes first vendor to have a solution available on industry SWIFT network
- TLM Reconciliations Premium launched and first deal signed
- New TLM Corporate Actions solution launched
2010
- SmartStream wins significant industry awards for innovation in Corporate Actions, Reconciliations and Exception Management
- Card processing solution launched
- DClear launches new Data Dictionary service
- TLM Reconciliations for Exchange Trades Derivatives launched
- SmartStream climbs 10 places in the American Banker’s 'FinTech 100' after sustained growth
- TLM OnDemand reaches more than 150 live clients