This new post will report into Martin Brown, SmartStream CEO who commented, “The Australasian market has always been very important for SmartStream and we see real opportunity to both attract new customers and to extend the use of our products within our current user base which includes Commonwealth Bank, Colonial First State, JP Morgan, St Georges Bank, NCS and NBNZ.”

Stefan Wawrzyniak added “I have long been an admirer of SmartStream and am delighted to be leading such a prestigious company in Australia – the TLM products excited me when I saw them and realised their capability for the Australasian marketplace – In Australasia, these products will offer SmartStream clients new dimensions of operational and business efficiency during 2004.”

SmartStream will be launching its unique TLM Process Automation products in Australia focussed on:
• Trade Flow Management (inc ETC/ETD)
• Business Process Management (BPM)
• Business Activity Monitoring (BAM)
• Enterprise Exception Management
• Cash Management
• Financial Messaging /EAI
This supplements the TLM Reconciliations and TLM Corporate Actions products currently available in Australia.

TLM solutions have been received enthusiastically around the world with an extensive list of gilt edged users now in production including: HVB Group, Commerz Bank, West LB, Newton Asset Mgt, Bear Stearns and Brown Brothers Harriman.