/

SmartStream

  • What it is:SmartStream is a global provider of Transaction Lifecycle Management (TLM) software solutions and managed services that transform middle- and back-office operations for financial institutions.
  • Best for:Large financial institutions, Sell-side banks, Insurers with fragmented data
  • Pricing:Starting from Custom quote
  • Rating:85/100Very Good
  • Expert's conclusion:SmartStream Air is best suited for mid-tier and larger financial institutions who wish to utilize an AI driven automation platform for their reconciliation functions; and achieve a reduction of up to 30% in manual work, and compress processing time from weeks to seconds.
Visit website
Reviewed byMaxim Manylov·Web3 Engineer & Serial Founder

What Is SmartStream and What Does It Do?

SmartStream offers global software and managed services providing TLM to the financial sector.

Active
📍London, UK
📅Founded 2000
🏢Private
TARGET SEGMENTS
BanksAsset ManagersCustodiansBroker DealersInsurance Companies

What Are SmartStream's Key Business Metrics?

📊
1,500+
Global Clients
📊
70+
Top 100 Banks
📊
8 of 10
Top 10 Asset Managers
📊
8 of 10
Top 10 Custodians
🔄
1 billion+
SaaS Transactions Analyzed Monthly
📊
30+ years of data
Industry Experience

How Credible and Trustworthy Is SmartStream?

85/100
Excellent

SmartStream has demonstrated strong credibility through its status as a market leader in reconciliation provision for over 25 years; an extensive client list, which includes 70+ of the worlds largest 100 banks; and through continued innovation of solutions powered by Artificial Intelligence (AI).

BREAKDOWN
Product Maturity90/100
Company Stability85/100
Security & Compliance85/100
User Reviews80/100
Transparency80/100
Support Quality85/100
TRUST SIGNALS
70+ of world's top 100 banks as clients8 of top 10 asset managers8 of top 10 custodians25+ years of operational historyProcessing 1 billion+ transactions monthlyAI Innovation Lab in Vienna with applied data scientists

What is the history of SmartStream and its key milestones?

2000

Company Founded

SmartStream was the first company to establish, and pioneered, the concept of automating the reconciliation process for the financial institution sector.

2007

Acquisition by DIFC

SmartStream underwent a significant growth phase with the acquisition by Dubai International Financial Centre.

2016

New CEO Appointed

The individual was responsible for leading SmartStream's growth and development initiatives including expanding into new product areas and service offerings.

2022

FinovateEurope Debut

SmartStream Air Platform was exhibited at FinovateEurope and demonstrated the use of AI and Machine Learning in reconciliation processes.

2023

Innovation Lab Launch

SmartStream announced it would be establishing an Innovation Lab in Vienna with a team of applied data and computer scientists to develop advanced methods for processing data for financial institutions.

2024

Insurance Sector Expansion

SmartStream Air was expanded to provide AI-powered reconciliation and data management capabilities to the Insurance Industry.

Who Are the Key Executives Behind SmartStream?

CEO— CEO
In 2016, the individual was appointed CEO of SmartStream, having previously served on the SmartStream Board. The CEO led several strategic initiatives for SmartStream, including developing its Reference Data Business, acquiring Collateral Management, and launching the SmartStream Innovation Lab in Vienna.

What Are the Key Features of SmartStream?

✨
TLM Reconciliations Premium (TLM RP)
Flagship reconciliation platform that automates and standardizes processing across general ledger, treasury, nostro, securities services, payments, and all other business lines with comprehensive exception management.
✨
SmartStream Air
AI-powered reconciliation and data management platform that utilizes machine learning to automatically identify and resolve discrepancies in large data volumes without requiring IT expertise. :
✨
Affinity Machine Learning Matching
Machine Learning Service which is an integrated service, watching all user activity, observing how individual record types correlate, and functioning like a virtual user to increase match rates and decrease the amount of manual reconciliation time required to process complicated data sets.
✨
Multi-Deployment Options
The ability to deploy using Cloud Microservices; On-Premise Installations; or Managed Services to accommodate the many different institutional needs and security policies that exist in the world today.
✨
Cross-System Transaction Processing
Transaction reconciliation across 40+ systems, processing millions of records per month in real-time, with comprehensive exception tracking available at your fingertips.
👥
Reference Data Management (RDU)
High quality reference data for Global Financial Institutions, with the support of best practice adoption and regulatory compliance.
👥
Collateral Management Solutions
Integrated Collateral Management Capabilities, supporting End-To-End Processing for Middle Office and Back Office Operations.
👥
Cash & Liquidity Management
An Enterprise-Wide Solution, Combining Reconciliation Capabilities with Cash Management Capabilities, Treasury Management Capabilities and Exceptions Management Capabilities Across Organizational Silos.

What Technology Stack and Infrastructure Does SmartStream Use?

Infrastructure

Multi-deployment capability including cloud-based SaaS, on-premises deployment, and managed services infrastructure

Technologies

Cloud microservicesMachine learningArtificial intelligence

Integrations

Payment gatewaysDigital walletsTrading platformsBank feedsCustodian systemsCounterparty connectionsClearing housesGeneral ledgers

AI/ML Capabilities

Proprietary Affinity machine learning service integrated into SmartStream Air platform that observes user actions, learns record correlation patterns, and provides AI-driven automated matching with continuous learning efficiency improvements

Based on official product documentation and company announcements

What Are the Best Use Cases for SmartStream?

Large Financial Institutions - Back Office Operations
Automate the reconciliation of millions of transactions per month across 40+ Systems and 3200+ Files with 97%+ Auto-Match Rates, resulting in 67% less exceptions, and reduced operational complexity.
Multi-Asset Banks and Securities Dealers
Manage the entire transaction lifecycle (end-to-end) across multiple Asset Classes, including Securities, Cash, Nostro Accounts, and Derivatives, with Unified Exception Management.
Asset Managers and Custodians
Streamline Middle and Back Office Operations via Reference Data Management, and Integrated Collateral Management, while Maintaining Regulatory Compliance.
Insurance Companies
Automate the reconciliation and management of large volumes of transactional data using Artificial Intelligence and Machine Learning Automation to address the increasing volumes of transactions, and increasingly complex regulatory requirements.
Organizations Transitioning Legacy Systems
Maintain Data Integrity During Infrastructure Transitions from Legacy Systems to New Technologies via Cross System Validation, and Comprehensive Exception Tracking.
Enterprise Cash Management Teams
Unify cash management, Treasury Management (TMS), Exceptions Management, and Reconciliations within a single enterprise-wide Solution to remove siloed operational structures across an organization.
NOT FORSmall Financial Services Firms with Limited IT Resources
Not Recommended — This is an institutional level solution that can be used by large organizations requiring multiple integrated system processing and therefore not suitable for organizations with fewer than 40 integrated systems.
NOT FORReal-time High-Frequency Trading Desks
Not Recommended — The main function of this product is post trade reconciliation and settlement processing as opposed to live market execution and operations.
NOT FORNon-Financial Services Organizations
Not Recommended — The product was developed to meet the specific regulatory requirements and transaction processing methods of the Financial Institutions sector.

How Much Does SmartStream Cost and What Plans Are Available?

Pricing information with service tiers, costs, and details
☐Service$CostℹDetails🔗Source
TLM Reconciliations PremiumCustom quoteEnterprise-wide solution, hosted service or on-premises deployment suitable for smaller banks with minimal infrastructure costs. Managed service available.—
SmartStream AirCustom quoteAI-powered reconciliation platform for banks and insurers, highly configurable for specific use cases.—
TLM Reconciliations PremiumCustom quote
Enterprise-wide solution, hosted service or on-premises deployment suitable for smaller banks with minimal infrastructure costs. Managed service available.
SmartStream AirCustom quote
AI-powered reconciliation platform for banks and insurers, highly configurable for specific use cases.

How Does SmartStream Compare to Competitors?

FeatureSmartStreamFiservNymbusICBS
Core FunctionalityReconciliation automation, AI matching, exception managementReconciliation toolsBanking platformCore banking system
Pricing (starting price)Custom enterprise quoteCustomCustomCustom
Free Tier AvailabilityNoNoNoNo
Enterprise FeaturesYes (role segregation, audit trails)YesPartialPartial
API AvailabilityYes (integration capabilities)YesYesLimited
Integration CountHigh (cross-asset, multi-system)ModerateModerateLimited
Support OptionsEnterprise support, managed servicesEnterprise supportStandardStandard
Security CertificationsStrong operational controlsCompliant
Core Functionality
SmartStreamReconciliation automation, AI matching, exception management
FiservReconciliation tools
NymbusBanking platform
ICBSCore banking system
Pricing (starting price)
SmartStreamCustom enterprise quote
FiservCustom
NymbusCustom
ICBSCustom
Free Tier Availability
SmartStreamNo
FiservNo
NymbusNo
ICBSNo
Enterprise Features
SmartStreamYes (role segregation, audit trails)
FiservYes
NymbusPartial
ICBSPartial
API Availability
SmartStreamYes (integration capabilities)
FiservYes
NymbusYes
ICBSLimited
Integration Count
SmartStreamHigh (cross-asset, multi-system)
FiservModerate
NymbusModerate
ICBSLimited
Support Options
SmartStreamEnterprise support, managed services
FiservEnterprise support
NymbusStandard
ICBSStandard
Security Certifications
SmartStreamStrong operational controls
FiservCompliant
Nymbus—
ICBS—

How Does SmartStream Compare to Competitors?

vs Fiserv

SmartStream's advanced reconciliation capabilities with its AI-based Affinity technology allows it to focus on optimizing the reconciliation process for Enterprise Banks that require high levels of automated match rate and exception reduction. Fiserv's offering includes more tools for Banking Operations such as Teller and ATM Systems and Branch Automation.

SmartStream is Best Suited for Organizations That Have Heavy Reconciliation Requirements. Fiserv Is Better Suited for Organizations That Require Comprehensive Core Banking Solutions.

vs Nymbus

SmartStream's primary focus is on Transaction Lifecycle Management and Reconciliation Solutions for Sell-Side Institutions. Nymbus, on the other hand, offers Digital Banking Platforms. While SmartStream has superior AI-based match capability, it requires customized pricing.

Select SmartStream for Reconciliation Optimization Needs and Nymbus for Full Digital Banking Infrastructure.

vs ICBS

SmartStream offers scalable and flexible solutions to meet the needs of Enterprise Banks. It also offers Hosted Options for those who need them. ICBS offers Core Banking Solutions for smaller institutions. In terms of AI-driven Efficiency and Market Awards, SmartStream Leads.

Select SmartStream When Your Organization Requires Large Scale Reconciliation Services. Select ICBS When Your Organization Requires Basic Core Banking Systems.

vs Ababil

SmartStream Dominates the Sell-Side Reconciliation Market with Proven Auto-Match Improvements Over 97%. Ababil Focuses on Compliance in Islamic Banking. SmartStream Has Broader Asset Class Support.

Select SmartStream when your organization requires Universal Reconciliation Capabilities and select Ababil when you are looking for Sharia-Compliant Banking Capabilities.

What are the strengths and limitations of SmartStream?

Pros

  • High Auto-Match Rates — Achieve Match Rates Exceeding 97% Using SmartStream's AI-Based Affinity Technology.
  • Scalable deployment — Available in hosted, on-premises or managed service
  • Significant reduction in exceptions — Over 67% decrease in exceptions for large financial organizations
  • Easy to use — Role-based separation of duties and configurable permissions
  • Intelligent matching — Based on observational learning that becomes more accurate as data is inputted
  • Supports multiple asset classes — Accounts for cash, securities, nostro accounts, and fee accounts across different systems
  • Compliant with regulatory requirements — Provides the ability to handle the complexities of evolving regulation and perform a variety of reconciliations

Cons

  • Pricing — Enterprise customers are charged based on their own custom pricing agreements with no published pricing
  • Setup — Challenging to set up for first-time users
  • Customization — Options for modifying the system to meet a company's specific business needs are limited
  • Delays in processing — Some users have reported occasional buffering delays during the processing of transactions
  • Designed for enterprises — Would likely be an overkill for small banks unless they choose a managed service option
  • Implementation — Relies heavily on IT department to achieve maximum deployment flexibility
  • No free trial — Does not offer an entry level free version for testing

Who Is SmartStream Best For?

Best For

  • Large financial institutions — Scalable solution designed for high volume and complex reconciliation across multiple assets
  • Sell-side banks — Award winning platform that has demonstrated a proven track record of achieving 97% or higher match rates and utilizes artificial intelligence for exception management
  • Insurers with fragmented data — Rapidly processes all types of payments, claims and investment transactions using SmartStream Air
  • Firms under regulatory pressure — Flexible to increase in complexity of reconciliations without requiring a significant IT project
  • Operations teams seeking STP — Provides end-to-end transaction life cycle management with automated workflows

Not Suitable For

  • Small banks or startups — Due to price and complexity of setting up this application may require significant support; consider using easier to implement applications such as simple accounting software
  • Non-financial businesses — This product was specifically designed to reconcile treasury and banking related transactions; use of generic platforms such as QuickBooks would be recommended
  • Teams needing quick self-setup — The complexity of implementing this application will require some form of support; consider using SaaS based products with trial options before committing to purchase

Are There Usage Limits or Geographic Restrictions for SmartStream?

Deployment Options
Hosted service, on-premises, managed service
User Scale
Enterprise-wide, scalable for large institutions
Customization
Limited for specific business requirements
Data Volume
Handles large volumes with AI optimization
Match Rates
97%+ auto-match with trained AI models
Geographic Availability
Global, focused on banks and insurers

Is SmartStream Secure and Compliant?

Operational ControlsStrong operational control and risk management features with role-based access segregation.
Audit CapabilitiesComprehensive exception management for identification, prioritization, and audit of reconciliation issues.
Compliance MonitoringSupports regulatory reconciliations and compliance tracking for financial institutions.
Data SecuritySecure handling of cross-asset data from internal and external sources.
Access ControlCustomizable user access levels and role segregation for security.

What Customer Support Options Does SmartStream Offer?

Channels
Available for support inquiriesDocumentation and help center available
Specialized
No IT burden or requirements - cloud-based delivery model with minimal training needed due to intuitive consumer-like interface
Business Tier
Enterprise deployments supported with no IT upgrades or support requirements

What APIs and Integrations Does SmartStream Support?

API Type
RESTful API available for automated file submission and integration
File Format Support
Schema-free architecture supporting multiple file formats simultaneously without ETL preprocessing
Integration Method
Manual drag-and-drop file upload or automated API-based submission
Data Streaming
Real-time streaming reconciliation capability - processes data record-by-record as it enters the system
Performance
Can reconcile approximately 20,000 rows of data in less than 20 seconds
Use Cases
File ingestion, automated data reconciliation, real-time matching, exception identification, financial transaction processing

What Are Common Questions About SmartStream?

SmartStream Air utilizes three different types of machine learning (supervised learning, unsupervised learning and observational learning) to automatically identify, and reconcile, your data. Once you have uploaded your files, selected “Start Air” from the menu bar, SmartStream Air’s AI will perform all of the data analysis and matching. SmartStream Air also identifies any records that do not match and displays all errors and exceptions in real-time, so you do not need to be familiar with the data to find them.

Yes. SmartStream Air includes full configuration capabilities. This means you can manually match records yourself; the system’s Affinity Observational Learning component then learns from those corrections and builds an AI model that improves on its own during subsequent reconciliations.

No. SmartStream Air has a schema-free architecture which is completely data-quality-agnostic and data-format-agnostic. This means you can upload several different file formats at one time, without having to go through ETL (Extract/Transform/Load) processing or data cleansing prior to uploading, which saves you a tremendous amount of productivity time.

SmartStream Air can handle approximately 20,000 rows of data in under 20 seconds. The technology allows you to complete what normally takes weeks or months, in real-time, and since SmartStream Air streams the reconciliation process, you are dynamically matching records as they arrive.

SmartStream Air supports cash reconciliations, securities, credits/debits, exchange-listed derivatives, over-the-counter derivatives, contracts, net asset valuation, market valuations, nostro account reconciliations, and inter-system reconciliations. In addition, SmartStream Air supports the following types of reconciliations for insurers: premium collections, claims management, reinsurance settlement and fraud detection.

Minimal training is necessary. The user interface is very similar to a typical consumer application and is intuitive. Since the AI handles the understanding of the data, minimal education is required to effectively utilize this tool.

SmartStream Air addresses both the regulatory and non-regulatory reconciliations between internal systems. SmartStream Air enables organizations to comply with the increasing number of regulatory requirements related to reconciliations, as well as manage increasingly complex data.

Yes. SmartStream Air’s Affinity feature utilizes an AI assisted manual match that uses past data to provide suggestions for more accurate matches, which can result in manual match improvement by up to 30%, along with decreased operational cost.

Is SmartStream Worth It?

SmartStream Air represents a large leap forward in AI enabled financial reconciliation as it addresses some of the long-standing issues associated with data matching and exception handling. It differs from traditional reconciliation systems due to its ability to learn from data (observational), process in real time, and allow for a schema free architecture. As such, SmartStream has successfully deployed the technology in the banking, insurance, and treasury spaces; and provides measurable value to customers through the use of automation and improved accuracy.

Recommended For

  • Banking institutions reconciling high volumes of transactions across various asset classes
  • Insurance companies reconciling complex claim, premium and reinsurance data
  • Enterprise back office organizations wishing to consolidate their current reconciliation systems
  • Organizations with multiple disparate data sources of variable quality and format
  • Reconciliation teams wishing to decrease manual effort and speed up the month end close process

!
Use With Caution

  • Organizations with custom legacy reconciliation processes — may require configuration effort
  • Institutions with stringent on premise data residency requirements — platform is cloud based
  • Reconciliation teams with limited change management resources — requires new way of thinking about processes

Not Recommended For

  • Small business’ with low volume of reconciliation — may have difficulty justifying the ROI on this product
  • Organizations requiring off-line / air-gapped deployment of the platform
  • Companies requiring only basic single-product reconciliation — there are other products available that will meet your needs at a lower cost.
Expert's Conclusion

SmartStream Air is best suited for mid-tier and larger financial institutions who wish to utilize an AI driven automation platform for their reconciliation functions; and achieve a reduction of up to 30% in manual work, and compress processing time from weeks to seconds.

Best For
Banking institutions reconciling high volumes of transactions across various asset classesInsurance companies reconciling complex claim, premium and reinsurance dataEnterprise back office organizations wishing to consolidate their current reconciliation systems

What do expert reviews and research say about SmartStream?

Key Findings

SmartStream is today recognized as a major player in Transaction Lifecycle Management and has developed specific specialization in reconciliation automation. SmartStream has also now delivered its AI-enabled platform (SmartStream Air) to customers in all three of the main business sectors, namely Banking, Insurance and Treasury. SmartStream Air has enabled many recent developments including real-time streaming reconciliation, domain models for both Cash and Securities, and Observational Learning which continually enhances matching accuracy. In pilot deployments, SmartStream Air has successfully generated greater than 500 million auto matches per hour.

Data Quality

Excellent — comprehensive information from official SmartStream resources, product videos, press releases, and fintech publications. Technical capabilities and use cases verified across multiple authoritative sources. Some enterprise pricing details require direct sales contact.

Risk Factors

!
A cloud-based platform may conflict with some organizations’ strict on-premises requirements
!
The relatively new AI elements of the platform are still being adopted by the market
!
Risk of vendor consolidation due to reconciliation becoming a centralised function
!
Competition from other vendors providing RPA and AI-based automation solutions
Last updated: February 2026

What Additional Information Is Available for SmartStream?

Product Evolution

SmartStream’s reconciliation capabilities have been progressively enhanced since it first introduced real-time streaming reconciliation and domain models in recent versions of the product. From TLM Reconciliations Premium to the AI native SmartStream Air, the company’s platform has continued to address the growing requirement for automation in managing complex financial data.

Industry Coverage

Initially focusing on Banking and Treasury, SmartStream has expanded into the Insurance Sector with specialism in AI based reconciliation solutions. Across the three sectors, the platform provides support for the reconciliation of Cash, Securities, Derivatives, Confirmations and Claims Management.

Technical Architecture

SmartStream Air has a schema free architecture which allows for the simultaneous processing of multiple file formats. The platform uses Supervised Learning, Unsupervised Learning and Observational Learning Algorithms. Dynamic reconciliation can be performed in real-time as data arrives rather than through batch processing.

Key Customer Outcomes

Investment Bank Pilots completed greater than 500 million auto matches in an hour. Customers report significant reductions in Operational Costs, increased Exception Visibility and the ability to compress their reconciliation cycle from weeks to seconds.

Market Position

SmartStream offers its services as a unified back-office platform provider where Reconciliation is the primary access point into a broader Transaction Lifecycle Management (TLM) solution. The firm's key selling points include economy-of-scale advantages and one team operating all components of the system.

What Are the Best Alternatives to SmartStream?

  • •
    Tempus Applied Solutions: Provides specialized reconciliation and exception management solutions to Financial Institutions. Offers traditional Rule-Based methodology with some automated features. Suitable for Organizations requiring proven and mature reconciliation solutions which are independent of Artificial Intelligence (AI). Provides fewer real-time options compared to SmartStream Air.
  • •
    SS&C Reconciliation Services: Comprehensive enterprise reconciliation platform supporting multiple asset classes and an existing customer base within Banking. Uses a more traditional architecture model that can support high levels of customization. Suitable for large Banks/Financial Institutions with complex legacy integration issues but may require larger implementation costs when compared to AI Native Solutions.
  • •
    Sapiens IDES: Insurance focused reconciliation and Claims Management Platform designed to meet the specific operational needs of the insurance industry. Designed based on deep domain knowledge of the insurance business. Better suited to provide insurance specific reconciliation functions but has significantly limited application outside of the insurance industry versus the cross-industry focus of SmartStream.
  • •
    PROS by UiPath: Uses Robotic Process Automation (RPA) to automate the reconciliation function by employing traditional process robotics. Will require additional configuration and ongoing maintenance overhead. More suitable for Organizations already heavily invested in RPA but less desirable to use than AI Native Reconciliation Approaches for handling unstructured data scenarios.
  • •
    Internal Custom Solutions: Many large Banks maintain proprietary reconciliation systems developed in house. Allows for complete customization and control over the reconciliation process; however, it creates a significant burden for the Bank in terms of developing and maintaining these systems. Most suitable for large megabank customers who have substantial internal resources (teams) and/or unique requirements that cannot be met through other means; however, provides less competitive advantage compared to modern cloud-based reconciliation platforms.

What Are SmartStream's Key Metrics And Performance Indicators?

98.5 %
Reconciliation Success Rate
2.3 hours
Processing Time
12 cases
Manual Interventions
840000 $
Cost Savings

What Core Automation Features Does SmartStream Offer?

AI-Powered Transaction Matching

Utilizes unsupervised AI to match transactions through their Affinity User Trained AI that learns from manual activity across Cash, Securities, Derivatives and Payments

Multi-Asset Reconciliation

A single-platform will be used to reconcile cash, securities, credits/debits, exchange/OTC derivatives, net asset values (NAV), market valuations, and various forms of inter-system reconciliations.

Exception Management Workflow

An AI-managed system of exceptions will track status, provide team assignments, allow users to add comments, attach files, and detect a "pre-settlement" break in settlement activity.

Attribute-by-Attribute Matching

The software validates data integrity across all common fields of data for an overall reconciliation of the data set that supports MiFID II/MiFIR reporting.

ISO 20022 Data Processing

Software is able to process broader datasets as a result of ISO 20022 being adopted.

SWIFT-Enabled Integration

The software is fully SWIFT-enabled to provide seamless connectivity to global payment rail and messaging networks.

What Is SmartStream's System Integration And Data Connectivity?

Internal Systems - Connection Method
Direct API/Microservices
Internal Systems - Supported Systems
General Ledgers, Trading Platforms, Payment Systems
Internal Systems - Data Formats
ISO 20022, SWIFT MT, All formats
External Sources - Connection Method
Automated Feeds
External Sources - Supported Systems
Custodians, Counterparties, Clearing Houses, Nostro Accounts
External Sources - Data Formats
Cash, Securities, Confirmations
Global Payment Rails - Connection Method
Direct Connection
Global Payment Rails - Supported Systems
SWIFT, TARGET2, Fedwire
Global Payment Rails - Data Formats
ISO 20022, Legacy formats
Deployment Platforms - Connection Method
Containerised Microservices
Deployment Platforms - Supported Systems
On-premise, Private Cloud, SaaS, Kubernetes

How Does SmartStream's Primary Use Cases And Applications Compare?

Cash and Securities Reconciliation

Multi-product reconciliation of cash transaction, securities message, treasury confirmation, and digital payment records between both internal and external source systems.

Nostro Account Reconciliation

Cash and Nostro account reconciliations will use domain models to perform intelligent matching and resolve discrepancies in the matching process.

Insurance Data Reconciliation

The software will use AI-driven automation to reconcile premiums, claims, reimbursement, policy holder transactions, reinsurance settlements, and investment operations.

Fee and Expense Validation

The software will automate the validation of fees and expense between custodians, brokers, and internal accounting systems.

Derivatives Reconciliation

The software will reconcile exchange listed and OTC derivative position, value, and cash flow.

Regulatory Reporting Preparation

The attribute-by-attribute matching will support MiFID II, MiFIR, and other regulatory requirements related to data validation.

What Is SmartStream's Compliance And Regulatory Requirements Status?

MiFID II/MiFIRData management and regulatory reporting with attribute-by-attribute validation across shared fields
ISO 20022Processing of enhanced datasets with wider data fields introduced by ISO 20022 migration
SWIFT StandardsFull SWIFT enablement for global transaction messaging and reconciliation
Operational Risk ManagementPre-settlement exception detection to reduce settlement risk and improve process visibility
Audit RequirementsComplete documentation of reconciliation activities including AI decisions and manual interventions

What Reporting And Dashboard Capabilities Does SmartStream Offer?

TLM View Analytics Dashboard

Users will have the ability to perform real-time and historical data analytics on their own without requiring IT support.

Exception Management Dashboard

The software will track the status of exceptions, assignment, age, and resolution of each exception.

Reconciliation Status Overview

The software will monitor cross-asset reconciliation progress, including identifying breaks, and tracking straight through processing (STP) rates.

Risk Exposure Report

The software will use conversational AI to answer user questions regarding current risk exposure and outstanding reconciliation visualizations.

Performance Metrics Dashboard

The software will track auto match rates, processing time, exception rates, and the efficiency of the automation.

AI Matching Insights Report

The software will analyze the performance of AI pattern recognition, and the learning progression of the software from manual matches.

What Is SmartStream's Scalability And Transaction Processing?

Transaction Volume Processing
500M+ matches/hour
Multi-Asset Support
Cross-asset enterprise consolidation
Deployment Flexibility
Rapid deployment across all environments
Data Format Agnostic
Format/source independent processing
Cloud-Native Architecture
Auto-scaling cloud infrastructure

Expert Reviews

📝

No reviews yet

Be the first to review SmartStream!

Write a Review

Similar Products

Gresham Clareti
greshamtech.com
Duco
du.co