SmartStream Launches TLM Corporate Actions Event Management On Demand
SmartStream, the financial transaction lifecycle management specialist, has launched a new service, TLM Corporate Actions Event Management On Demand, delivering enhanced event management through the Software as a Service (SaaS) model.
TLM Corporate Actions Event Management On Demand delivers the event management capabilities of SmartStream's TLM Corporate Actions solution as a secure, and fully managed service.
Designed to meet the automation requirements of small to mid-sized firms, the service eliminates manual event data processing and recording of critical dates, whilst lowering the total cost of ownership for an automated event management solution.
Through its integrated diary-based approach, the service provides an online database of all events that affect client portfolios. The automated population of the event diary displays all critical dates and any actions required to manage the event lifecycle on behalf of clients.
TLM Corporate Actions Event Management On Demand takes in the client's feed sources to create a single, rationalised event master or golden record. This information, in conjunction with custodian / prime broker specific deadline dates, is used to drive workflow processes that automatically populate and update the service's integrated diary.
The diary also monitors and displays all exceptions and tasks raised against each event providing a prioritised list of activities to the user in real-time.
This supports firms to mitigate the risk of missing critical deadlines and enables the qualification of custodian event notices. Further, the service can be pre-populated with event data from SmartStream's Managed Data Services or the firm's data vendor of choice.
Philippe Chambadal, CEO of SmartStream, says TLM Corporate Actions Event Management On Demand is SmartStream's latest innovation and an integral part of their approach to helping clients' drive down their operational costs without compromising the tools used for automating critical back office processes.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
The IMD Wrap: Talk about ‘live’ data, NAFIS 2024 is here
This year’s North American Financial Information Summit takes place this week, with an expanded agenda. Max highlights some of the must-attend sessions and new topics. But first, a history lesson...
MarketAxess builds strategy around X-Pro
MarketAxess profits were down in Q1, but revenues were up and automation volume hit a record $94 billion.
Canada’s triparty repo launch aims to fill C$60bn void
Test trades on TMX/Clearstream platform represent “quantum leap” for creaking funding markets.
People Moves: NorQuant, Tradition, Duco, HKEx, SimCorp, Hazeltree, Xceptor, Broadridge, and more
A look at the past month’s people moves in the capital markets technology and data space.
Bank-led consortium takes aim at position reporting
Five banks, including Barclays, BNP Paribas, Goldman Sachs and HSBC, have joined forces to mitigate interpretation and implementation errors in position reporting disclosures.
This Week: BBH, AllianceBernstein add data solutions, Deutsche Börse-Nodal Exchange, and more
A summary of some of the latest financial technology news.
Consortium backs BGC’s effort to challenge CME
Banks and market makers—including BofA, Citi, Goldman, Jump and Tower—will have a 26% stake in FMX.
Symphony boosts Cloud9 voice offerings with AI
The messaging and collaboration platform builds on Cloud9’s capabilities as it embraces the AI wave in what CEO Brad Levy calls “incremental” steps.
Most read
- Waters Wavelength Podcast: S&P’s CTO on AI, data, and the future of datacenters
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- DTCC urges affirmation focus ahead of T+1 move