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Overview

As the market-leading reconciliation software solution provider, SmartStream understands the transaction matching, exceptions and investigations needs of institutions regardless of size, processes, or lines of business.

Key Features

  • A highly scalable transaction processing solution that can evolve to meet institutions ever-changing reconciliation needs
  • A pre-configured rules-based matching engine that maximises automated match rates
  • Transaction lifecycle matching combining different transaction types and number of items at multiple levels
  • Pre-packaged reconciliations based on industry best practice to ensure faster implementation time
  • The ability to reconcile any data type against any other
  • Integrated, pre-configured and comprehensive exception management for efficient transaction break resolution
  • A workflow engine to enable enterprise wide integrated transaction lifecycle management and risk control
  • A pre-configured and flexible thin client User Interface that supports both users who require granular level transaction detail and managers who demand a consolidated operational view

Key Benefits

  • Higher levels of STP through the industry’s leading automated match rates
  • Reduced operational risk by automating manual and paper-based systems to create proactive and exceptions-based transaction lifecycle processing
  • More cost-effective operations with the ability to manage higher transaction volumes with a lower headcount
  • Greater visibility into reconciliations and outstanding positions by taking a pre-emptive approach to managing exceptions as they occur throughout the lifecycle
  • Improved Return on Investment by migrating existing and new reconciliations onto the a single platform
  • Enhanced customer service as reconciliations evolves from data matching function into a value-added exception investigation and resolution resource

Product/Service details