TMCnet News
SmartStream Launch High Performance, AI Enabled Platform to Meet Client Demands for Managing Complex DataSmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider today announces the launch of TLM Aurora Universal Data Control - driven by client demand - it is the only solution of its type to match any reconciliations data, from basic to complex matching by enabling AI, machine learning and cloud-native technology. Banks are under pressure to carry out changes to their core systems due to ISO 20022 standards and the impact Covid-19 has had with staff working from home. Financial institutions have realised over the years that data sets and the types of reconciliations have become more complex, partly due to open banking APIs and the increase in volumes. SmartStream, led by its clients, has completely re-engineered TLM Aurora Universal Data Control with a comprehensive solution to accommodate industry demands and the challenges faced by financial institutions.
TLM Aurora Universal Data Control is adaptable to any new data requirements, easily connecting to different types of data - enabling a seamless transaction lifecycle. It will provide full reconciliation and exception management capabilities with ease of use for its clients. It is easily consumed via the cloud or it can be deployed on-premise or as a managed service. Ends
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