SmartStream unveils AI-enabled Account Control solution

KUALA LUMPUR, Oct 12 (Bernama) -- SmartStream, the financial Transaction Lifecycle Management (TLM) solutions provider, has launched TLM Aurora Advanced Account Control, enabling clients to be ready for ISO 20022 standards.

The new artificial intelligence (AI)-enabled solution allows customers to manage large, verified data sets for reconciliation purposes and for downstream systems.

“The new solution seamlessly replaces SmartStream’s Cash solution which is currently used in more than 81 countries globally. So far, the response has been incredibly positive among new and existing clients,” SmartStream strategic product manager Roland Brandli said in a statement.

Built for ISO 20022 standards, TLM Aurora Advanced Account Control accepts larger data sets natively. It also underpins them with the introduction of a streaming platform, allowing data to be verified in other areas of the organisation.

This sets a new benchmark in terms of real-time and volume handling capabilities, as well as savings in the overall ownership cost.

TLM Aurora Advanced Account Control has a new user-centric design principle which was developed by the same team who won the prestigious Red Dot Award 2022 for Finance Applications Design.

It is now much simpler for the end user with a new task-driven user experience while retaining the functional depths that customers have been used to in the past.

More details at www.smartstream-stp.com.

-- BERNAMA