SmartStream has announced the release of TLM SmartRecs, a new system for the loading and delivery of documented reconciliation results.
SmartRecs is designed to work with SmartStream's other reconciliation products, TLM Reconciliations and TLM Reconciliations Premium, as well as being built so that non-technical operations staff are able to use it. Integrating a number of different processes into one platform, the vendor says, obviates the need for multiple custom tools which are typically used to bridge the divides between data, documentation and delivery.
"Organizations waste time and money on unnecessary solutions which often lead to increased operational cost and complexity, our customers told us they would rather leverage their investment in systems and operational capabilities that already exist," says Philippe Chambadal, CEO at SmartStream. "We listened and produced this easy to use rapid delivery tool for our customers."
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails