SmartStream implements TLM Reconciliations & Exception Management for UBS Investment Bank
October 11, 2004
SmartStream Technologies, the market leading provider of Transaction Lifecycle Management solutions, today announced that they have successfully implemented TLM® Reconciliations and Exception Management for UBS Investment Bank.
TLM (Transaction Lifecycle Management) will initially be rolled out to approximately 450 concurrent users globally to manage Cash Reconciliations for the Investment Bank. The first two phases of this global rollout have provided 350 users in the Asia Pacific and EMEA regions with access to TLM. Phase three will extend the implementation to cover the North American region in mid October.
Commenting on the successful project, Martin Brown, CEO, SmartStream, stated “We are absolutely delighted that UBS Investment Bank have selected and successfully deployed SmartStream’s TLM applications around the world. We have always been a trusted technology partner to leading global financial institutions, this project is yet further evidence that we continue to deliver against this goal.”