SmartStream Technologies provides enterprise-wide, real-time Transaction Lifecycle Management (TLM) solutions to 1,000 clients, including more than 75 of the world’s top 100 banks. SmartStream’s solutions enable clients to tackle the barriers to Straight Through Processing (STP) and create more efficient, customer focused, cost-effective, compliant operations.
Founded in 2000 SmartStream has expanded and evolved from a dedicated focus on reconciliations to become a leading provider of software solutions that bring automation and control to the middle and back office.
SmartStream has grown rapidly through organic growth and acquisition and in late 2007 was acquired by DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC). Under the ownership of an experienced and strategically important financial services centre, SmartStream is accelerating its solution development, partnership and professional services plans. SmartStream operates under DClear a wholly-owned subsidiary of DIFC Investments.
This expansion strategy will continue as SmartStream looks to develop new markets and sectors that will benefit from greater automation and control. This includes being at the heart of the DIFC’s plans to create a new generation of hosted information and trade processing services.
While SmartStream has continued to invest in its reconciliations solutions, retaining the dominant market share of 38%, the company has continually expanded the TLM portfolio to include solutions for:
– Cash Management
– Compliance Management
– Corporate Actions
– Exception Management
– Reconciliations
– Trade Finance
– Trade Process Management
– Treasury Confirmations
– OTC Derivatives Processing
These non-disruptive solutions leverage clients’ existing infrastructure, protecting previous investments and integrating disparate silos to deliver enterprise wide solutions to business critical issues.
SmartStream solutions protect clients’ investment by developing TLM products on common technologies and to industry standards. SmartStream’s products provide a highly robust, massively scalable and flexible transaction processing platform for every type of financial institution and every instrument.
SmartStream is headquartered in the UK with direct operations in London, Beijing, Bristol, Dubai, Frankfurt, Luxembourg, Madrid, Miami, Milan, Mumbai, New York, Paris, Singapore, Sydney, Vienna and Zurich.
