About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SmartStream Adds Microsoft Azure Cloud Hosting for Air Data Reconciliation Solution

Subscribe to our newsletter

SmartStream Technologies has extended the reach of its Air cloud and AI based data reconciliation solution with version 3, which is hosted on the Microsoft Azure cloud required by some global regions to support all their data requirements. SmartStream Air was originally hosted on the Amazon Web Services (AWS) cloud and is now available on both platforms.

SmartStream Air version 3 is cloud native, behaves like a consumer app, and requires no training or IT skill set. It comes with data lake support, allowing clients to incorporate reconciliations and run custom reports using analytical tools based on the collected data. This feature allows deep insights of the data in the reconciliation process by using tools such as Microsoft Power BI or Tableau, and can optimise workflows and improve matching rates.

Andreas Burner, chief information officer at SmartStream, says: “Running version 3 natively in the Microsoft Azure cloud infrastructure will allow many regions around the world to use local data centres to comply with regulatory requirements.” One such is the United Arab Emirates.

SmartStream Air Version 3 also extends functionality and improves performance, and through the development of AI capabilities supports more automation and requires less need for manual intervention. Additional UI capabilities are included as well as more flexibility for mapping and removing unnecessary data.

While the more advanced functionality is being used for enhanced data uploading, manipulation, and transformation for large amounts of data, SmartStream’s Innovation Lab has created Air version 3 to provide organisations with a tool that can match any data for any reason in an instant using the Microsoft Azure platform.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Free from Fear and Lock-In – The Efficiency Jackpot Back-Offices in PE can Deliver

By Gareth Hewitt, Co-founder and CEO, LemonEdge. Private equity firms and fund administrators face heavier workloads and closer scrutiny than ever before, yet many back offices still run on systems built for a past era, when there was less expectation that services needed to be delivered quite as regularly. Teams recognise that sticking with these...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2019/2020 – Seventh Edition

Welcome to A-Team Group’s best read handbook, the Regulatory Data Handbook, which is now in its seventh edition and continues to grow in terms of the number of regulations covered, the detail of each regulation and the impact that all the rules and regulations will have on data and data management at your institution. This...