Dedicated Innovation Lab

SmartStream’s dedicated Innovation Lab is a collaboration of highly skilled mathematicians, applied data scientists and IT specialists.

The innovations team has partnered with a number of SmartStream’s Tier 1 banking customers to investigate the use of AI, machine learning and blockchain in their operations. These partnerships assess how advanced technology can be used to re-engineer traditional processes in order to boost efficiencies, cut costs and enhance business plans.

As a result of these partnerships, firms are now using AI and machine learning to spot anomalies in transactions, lowering operational risk and exposure to processing failures. These technologies are assisting banks to detect patterns in data, creating sharper business insights and faster response times. Operations staff are also being freed up from traditional, repetitive tasks, releasing them to focus on higher-value activities, making firms more competitive and profitable.

Client projects have been very successful and they are estimating at least 20% cost savings for their reconciliation business.

CIO, SmartStream


Find out more

A very modern world – the strengths and limitations of current AI technologies
How AI is unlocking the potential of data for banks
Fireside Chat with SmartStream’s Jethro MacDonald about AI and machine learning
In Conversation with Elena Savitskaya, Director of User Experience and Design at SmartStream
Haytham Kaddoura at Money20/20 about AI, changes and challenges in the Fintech business
T+1 securities settlement: a challenge and an opportunity