30 day implementation takes Lombard International Assurance Live on TLM Reconciliations
September 07, 2004
SmartStream Technologies announced that Lombard International Assurance, the leading European provider of specialist Wealth Management services for high net-worth investors, has gone live on TLM® Reconciliations & Investigations in a 30 day implementation.
Having experienced significant growth over recent months, Lombard selected TLM Reconciliations and Investigations to manage their increasing transaction volumes without employing further operational staff. SmartStream’s TLM solution was selected after a competitive tender process that included a full evaluation of five solution providers.
A blended project team of internal staff and SmartStream consultants completed the implementation of TLM Reconciliations and Investigations in 30 days. Commenting on the successful project Paul Casey, Manager Fund Accounting, Lombard, stated, “We are delighted with this rapid Go-Live, it’s a result of great team work between our own staff and SmartStream’s consultants. Whilst going through the systems selection process the key criterion was to identify a solution that would deliver us a rapid Return on Investment. Not only did the solution have to be functionally rich and robust to meet our needs, the implementation process needed to be simple and fast. I’m pleased to say that with TLM Reconciliations and Investigations we made the right choice.”
Jim Hannibal, Regional Sales Manager, SmartStream Luxembourg stated, “TLM Reconciliations and Investigations was designed to be non-intrusive and leverage our clients existing infrastructure. Lombard have demonstrated this in their rapid implementation and I’m delighted that their project is another example of an on-time, on-budget SmartStream implementation. “