Leveraging SmartStream’s experience and expertise in reconciliations, Corona is a SWIFTReady Gold accredited, modular application that addresses the reconciliation needs of institutions of all sizes to provide greater transaction management control.

Corona’s modules deliver a range of advanced functionality for the intra-day reconciliation of cash transactions, securities messages and confirmations. Its capabilities are available on multiple platforms, supporting firms to meet their transaction processing requirements, irrespective of their size, business lines or existing IT infrastructure.

Corona aims to deliver greater operational efficiency while reducing operational costs and risk through enhanced transaction and exception management. Identifying and resolving exceptions earlier in the transaction lifecycle provides a more accurate view of positions, enabling institutions to make more informed funding decisions.