Reconciliation Tools Made Nimble: Empaxis, SmartStream Team on Back-Office Platform

Los Angeles-based buy-side services provider Empaxis has announced at SIFMA's 2012 Tech Expo a new partnership with financial transaction lifecycle management specialist SmartStream to provide a managed trade reconciliation platform for small and medium-sized hedge funds and asset managers.

The joint turn-key offering will leverage SmartStream's reconciliation and exception management platform in combination with Empaxis' outsourced services provision for middle- and back-office workflow process