SmartStream Technologies, the Transaction Lifecycle Management specialist, today announced its participation at MEFX, the first Middle East International Banking, Financial Technology and Services Exhibition and Conference being held in Dubai from the 1st -3rd of June.

SmartStream is presenting its full range of industry-leading TLM solutions, including TLM Corona and TLM Cash Management from the Dubai International Financial Centre (DIFC) stand. SmartStream will demonstrate how automation of previously manual and error-prone processes within banks, asset managers, broker dealers, custodians, insurers and corporations can drive down operational risk and cost.

Nasser Al Shaali, CEO of the DIFC Authority said: “As a leading developer of software and technology for the financial services industry, SmartStream has firmly established itself as a key provider of essential, industry-proven processing software that creates more efficient, customer focused, cost-effective operations. As the region’s financial industry continues to grow, so too does the demand for IT innovation and the DIFC is delighted that SmartStream will be exhibiting its range of solutions from the DIFC stand at MEFX.”

A trade-only event, MEFX showcases technology, banking products, high-net worth financial management and business process outsourcing solutions, designed to meet the growing needs of the rapidly expanding regional banking and finance industry.

Pritesh Kotecha, Sales Director for SmartStream in the Middle East, commented: “By establishing a presence at MEFX, SmartStream will demonstrate first-hand the value TLM can bring to institutions in the fast growing and strategically important Middle Eastern market. We can show key decision makers how TLM delivers unparalleled visibility and control to the lifecycle of any transaction across the middle and back office, and how this can create more proactive, efficient and cost-effective operations.”