SmartStream invests in Australasia to launch the STP Control Architecture
March 09, 2004
SmartStream Technologies announced today that it is extending the global roll out of the SmartStream STP Control Architecture to Australasia. Stefan Wawrzyniak has been appointed Australasia Country Manager to bring local management focus to drive execution of this strategic initiative. Stefan has been well known in the Australian banking industry for more than 10 years having worked with IBM and more latterly Mercator.
This new post will report into Martin Brown, SmartStream CEO who commented, “The Australasian market has always been very important for SmartStream and we see real opportunity to both attract new customers and to extend the use of our products within our current user base which includes Commonwealth Bank, Colonial First State, JP Morgan, St Georges Bank, NCS and NBNZ.”
Stefan Wawrzyniak added “I have long been an admirer of SmartStream and am delighted to be leading such a prestigious company in Australia – the TLM products excited me when I saw them and realised their capability for the Australasian marketplace – In Australasia, these products will offer SmartStream clients new dimensions of operational and business efficiency during 2004.”
SmartStream will be launching its unique TLM Process Automation products in Australia focussed on:
• Trade Flow Management (inc ETC/ETD)
• Business Process Management (BPM)
• Business Activity Monitoring (BAM)
• Enterprise Exception Management
• Cash Management
• Financial Messaging /EAI
This supplements the TLM Reconciliations and TLM Corporate Actions products currently available in Australia.
TLM solutions have been received enthusiastically around the world with an extensive list of gilt edged users now in production including: HVB Group, Commerz Bank, West LB, Newton Asset Mgt, Bear Stearns and Brown Brothers Harriman.