This Week: SmartStream, LSEG/Finbourne, FactSet/Cobalt, DTCC, BNP Paribas, and more

A summary of some of the past week’s financial technology news.

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SmartStream enhances exception management process for SmartStream Air

SmartStream Technologies has enhanced the exceptions management design of its cloud-native and artificial intelligence (AI) data reconciliations platform, SmartStream Air, to allow clients to manage risk more efficiently. The enhancement further simplifies the process of identification, prioritization, allocation, and audit.

The new design reduces manual touchpoints and will provide real-time and dynamic business insights

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Brown Brothers Harriman unifies busy suite of AI products

It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.

Bank-backed Versana takes aim at syndicated loan tech

Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.

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