SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that it has expanded its relationship with existing partner Syscom to sell the full suite of SmartStream’s TLM solutions throughout China.

Syscom, a Taiwanese company, provides advanced software applications and solutions to the Chinese financial services sector. It also delivers specialised professional consulting, testing services and technical support to clients including the Shenzhen Stock Exchange, Shanghai Stock Exchange, Bank of China, China Merchant Bank and Guandong Development Bank. Its existing partnership with SmartStream has been expanded from Taiwan to now also cover China.

James Liu, General Manager at Syscom, said: “Syscom has proven experience in the financial services sector across China. The relationship with SmartStream has already proven to be a success in Taiwan and this is a great opportunity for us to offer TLM solutions across the rest of the region. China is one of the fastest growing markets in the world and many organisations are looking to automate their existing manual processes to cope with this growth. We look forward to offering our clients access to solutions that provide more cost-effective, efficient and compliant operations.”

Mike Walsh, Channel Partners Director, Asia Pacific, SmartStream Technologies, said: “Since we signed the partnership with Syscom in Taiwan, our relationship with them has gone from strength to strength. As Syscom has grown its operations and expanded its business in China it makes sense to also extend our successful relationship with them to help bring our proven solutions to a dynamic and rapidly evolving market. I am delighted that we can continue to work with Syscom and utilise their market expertise to offer our range of TLM solutions to firms across China as automation moves further up their agenda.”