SmartStream’s TLM Reconciliations software aims to deliver an automated, real-time multi-way, multi-transaction model. It is designed to be volume-insensitive to enable institutions to respond to organic growth and market demands.

Rather than using different point solutions to manage various different reconciliations processes, TLM Reconciliations creates a strategic platform that can enable systems and silo elimination. As a result, the return on investment can exceed traditional reconciliations solutions.

TLM Reconciliations helps to monitor, manage and enrich transactions throughout their lifecycle, from inception to settlement, and is capable of extending the process to include external parties when required. It supports an array of reconciliations requirements, from integrated cash and securities reconciliations through to generic, inter-system reconciliations.

Fully integrated exception management can enable institutions to gain greater visibility into the reconciliations process and can be more proactive when exceptions occur anywhere in the transaction lifecycle. This can result in higher straight through processing rates, while controlling operational risk and control.