TLM is a volume-insensitive, rules-driven solution for automating the financial reconciliation process that supports real-time matching and management of foreign exchange and money market confirmations. TLM provides the visibility and scalability to help institutions manage their liquidity more effectively during volume fluctuations. By helping to automate the confirmation matching process and highlighting discrepancies early in the transaction lifecycle, SmartStream’s FX confirmations software solution supports streamlined and accurate trade processing.

These advances make it easier to manage issues associated with differing formats and instruction details that can refer to the same bank, destination / origination account, or transaction. This avoids unnecessary exceptions being raised, boosting STP rates and making the FX trade flow more efficient.