Abbey Financial Markets (AFM) has gone live with SmartStream’s TLM Reconciliations after selecting the vendor last year. According to Steve Jennett, Head of Operations for AFM, the ROI from the project has been significant, claiming STP match rates immediately doubled when cash reconciliations went live on TLM. In a phased roll-out, migrating key reconciliations and using TLM Reconciliations’ generic matching capability, AFM has deployed the solution to automate and control the following reconciliations: inter-systems trade; custody; cash; and futures clearing broker.
A-Team Insight Blogs
Abbey Financial Markets Doubles Match Rates with SmartStream
Don’t miss this opportunity to view the recording of this recently held webinar. The benefits of successful data lineage are significant, allowing financial firms to gain a better understanding of their applications and data, switch off unnecessary systems and data feeds, save costs, and support the business with the right data at the right time....
Reformis, a buy-side business transformation consultancy, continues to build out its vendor partnership programme with the addition of Matrix IDM’s cloud native data management software, and NeoXam’s Impress reporting solution. These join the company’s list of existing partners and products including IHS Markit’s EDM software, Snowflake’s cloud data platform, and Compliance Solution Strategies’ Accudelta product....
The Data Management Summit Virtual brings together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.
Bombarded by a barrage of incoming regulations, data managers in Europe are looking for the ‘golden copy’ of regulatory requirements: the compliance solution that will give them most bang for the buck in meeting the demands of the rest of the regulations they are faced with. Solvency II may come close as this ‘golden regulation’:...