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
Recorded Webinar: Approaches to driving successful digital transformation with data management in financial services
Date: 27 February 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET Digital transformation is the key to unlock a wide range of benefits including evidence-based decisions, improved customer service, lower processing costs, greater efficiency and reduced operational risk. The data quality and governance required to underpin digital transformation initiatives is in itself a...
By Phil Davies, CTO of Milestone Group. The pace of digital transformation in asset management has been referred to as glacial. However, this new decade comes at an inflection point – over the past couple of years, the discussion has picked up considerably with firms finally embracing the digital ecosystem. People have built up both confidence...
Now in its 10th year, the Data Management Summit (DMS) in London explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.
The May 25, 2018 compliance deadline of General Data Protection Regulation (GDPR) is approaching fast, requiring financial institutions to understand what personal data they hold, why they process it, and whether it is shared with other organisations. In line with individuals’ rights under the regulation, they must also provide access to individuals’ personal data and...