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SmartStream Acquires Algorithmics Collateral Assets From IBM to Further Expand its Cash and Liquidity Management Offerings

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2015/02/06
United Kingdom

SmartStream Technologies, the Financial Transaction Lifecycle Management (TLM®) solutions provider, today announced that SmartStream has acquired assets related to software, sales and support of IBM’s (NYSE: IBM) Algorithmics collateral solution. This is a strategic deal to enhance SmartStream’s existing suite of solutions, which enables financial organizations to automate the end-to-end post trade lifecycle, decreasing costs and risk.

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