SmartStream Wins Banking Technology Readers’ Choice Award for Best Corporate Actions Automation Product/Service
November 25, 2014
SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that it has won the Banking Technology Readers’ Choice Award for Best Corporate Actions Automation Product / Service with TLM Corporate Actions. The awards, which were announced at a gala dinner in London, recognise vendor excellence with results based purely on the number of votes from end-users.
Alan Jones, Corporate Actions Product Manager at SmartStream comments: “We are delighted to have been recognised again as part of the Banking Technology Readers’ Choice Awards. It goes without saying that all awards are important to us but when end-users vote it is truly an endorsement of our capabilities and reputation in the market. Due to the complexity of corporate actions processing, we continue to see a growing interest in automation from banks and asset managers in this area. By continuing to develop TLM Corporate Actions we are helping our customers to better serve their clients, control back office costs and reduce risk.”
SmartStream’s TLM Corporate Actions delivers a streamlined, automated approach to complete, timely and accurate event processing. Its rules-based approach, based on SMPG guidelines and industry best practice, enables STP of the entire event lifecycle. Replacing manually intensive corporate actions processing with automated exception based workflows provides enhanced risk management and control of back office costs.