AIFMD

Financial organisations need to manage their exposure by the size of their operations, SmartStream has a suite of solutions which can help with these processes such as client reporting and balance sheet substantiation. 

Basel II

SmartStream’s TLM SmartRecs facilitates the rapid onboarding of reconciliations to help institutions overcome the backlog of reconciliations resulting from regulatory initiatives. 

Basel III

Basel III alongside BCBS 144 & 248 requires banks to be able to measure and manage their liquidity across an intraday, 30 day and over a one year horizon. SmartStream’s TLM Cash and Liquidity Management solution delivers a view and the tools to actively manage a bank’s liquidity as well as product regulatory reports. Meanwhile, SmartStream’s TLM SmartRecs facilitates the rapid onboarding of reconciliations to help institutions overcome the backlog of reconciliations resulting from regulatory initiatives. 

BCBS 239

SmartStream’s solutions manage transactions from trade inception through to settlement on a single platform. This supports a more efficient automated data aggregation model ensuring the accuracy and integrity of risk reporting. Meanwhile, SmartStream’s TLM SmartRecs facilitates the rapid onboarding of reconciliations to help institutions ensure completeness and overcome the backlog of reconciliations resulting from regulatory initiatives. 

Dodd-Frank

A key requirement in the Dodd-Frank Act is the reconciliation of OTC derivatives. In response, SmartStream delivers pre-built reconciliations for TLM Reconciliations Premium and workflow management in TLM Trade Process Management for OTC Derivatives, which manages the trade and its process legs across the lifetime of the trade. 

TLM Collateral Management supports the evolving requirements arising from Dodd-Frank. All firms can benefit from its portfolio management, reconciliation, dispute workflow, reporting, limit and threshold monitoring, as well as its ability to classify counterparties and product types in order to manage the margining of cleared and bilateral transactions. 

EMIR

A key requirement for EMIR is the reconciliation of OTC derivatives. In response, SmartStream delivers pre-built reconciliations for TLM Reconciliations Premium and workflow management in TLM Trade Process Management for OTC Derivatives, which manages the trade and its process legs across the lifetime of the trade. 

TLM Collateral Management supports the evolving requirements arising from EMIR. All firms can benefit from its portfolio management, reconciliation, dispute workflow, reporting, limit and threshold monitoring, as well as its ability to classify counterparties and product types in order to manage the margining of cleared and bilateral transactions. 

Fatca

SmartStream’s TLM Corporate Actions facilitates a Financial Institutions reporting tax obligations of global income received from corporate actions by US persons.

IOSCO

TLM Collateral Management has been designed to handle the new business practices arising out of IOSCO, such as Central and Client Clearing, Group Thresholds, support for net and gross initial and variation margins, currency-based margining, mismatch haircuts, wrong-way risk and asset concentration management, rehypothecation tracking plus flexible interfaces that can be configured as regulations and best practices evolve.

MiFID II and MiFIR

MiFID II and MiFIR extend current regulations, with greater controls and governance across all instrument types traded on behalf of clients, as investment intermediaries, and the organised trading of financial instruments. The new, wider set of mandatory data to be validated and reported is just one of the more testing regulations impacting Central Counterparties, trading venues and clearing members that TLM Reconciliations Premium can resolve.

Solvency II

Solvency II requires firms providing insurance to prove the quality and accuracy of the data being used by their internal models. This has a knock-on effect throughout the firm as internal departments are required to change processes, structures and systems to ensure transparency throughout the entire data lifecycle. SmartStream’s Data Management Services provide high quality and fully audited data to assist firms in preparing correctly for Solvency II.