SmartStream's Collateral Management Solution Enriches Customer Efficiencies

KUALA LUMPUR, Oct 3 (Bernama) -- SmartStream, the financial Transaction Lifecycle Management (TLM) solutions provider, has launched its latest version of TLM Collateral Management, V.6 with a modern, intuitive and thin client user interface.

According to a statement, the new solution is designed for users with different skill sets, including those who are less experienced in the collateral management operations area.

SmartStream Global Programme Manager, TLM Collateral Management, Jason Ang said for the new version, the company worked closely with many customers to design a more intuitive user experience that requires less training so that users can be up and running quickly.

“Also, in response to the demands of the industry we have included market leading adapters that seamlessly automate the substitution and interest claim processes. This latest version provides significantly improved navigation results that are more accurate, enabling quicker decision making.

“However, what makes this version of our TLM Collateral Management solution truly different is that it can be deployed cost effectively, in any size financial institution, while still offering the same functionality rich system,” added Ang.

The TLM Collateral Management, V.6, will help organisations with data integrity and validation for all collateral management processing, in addition to assisting with the demands uniquely presented by T+1 settlement.

Financial institutions must automate all aspects of their collateral management processes in a condensed time frame, including agreement, booking, substitutions and settlement notifications.

The User Experience and Design team at SmartStream who won the RedDot Award for Financial Application Design, acknowledges that the award-winning work is evident in this V.6 upgrade.

Its engineers and designers worked alongside many financial institutions to ensure this update was exactly what the industry demanded and it is already being deployed within the systems of new and existing clients.

-- BERNAMA