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 Air Integrates AI to Deliver Data Reconciliations in Seconds

Subscribe to our newsletter

SmartStream Technologies, a provider of transaction lifecycle management solutions, has released SmartStream Air, an approach to structured data reconciliation that allows business users to reconcile complex sets of data in seconds. The cloud-based solution uses artificial intelligence (AI) algorithms to auto-configure reconciliations of any data structure, and is available immediately.

SmartStream says AIR data reconciliation has been proven at a number of Tier 1 banks and has been tested with a number of customers that are are now implementing the solution. It eliminates time and effort, as well as making business users less reliant on support from operations teams and IT staff.

The solution is a product of the Innovation Lab SmartStream established last year. Andreas Burner, chief information officer at the lab, says SmartStream Air is a game changer for reconciliation and transaction control. Its machine learning models incorporate more than 20 years of experience and have been optimised to auto-configure complex scenarios. It is securely and globally accessible – no installation or configuration required – and it can automate transaction control processes and scale client productivity.

Haytham Kaddoura, CEO at SmartStream, quips: “Reconciliations have met their match!” He adds: “SmartStream Air is like having a highly skilled virtual operations team on hand that you can tap into on demand. It is an instant reconciliations solution producing accurate results within seconds. The solution is underpinned by sophisticated machine learning technology and it is continuously improving, meaning that results only get better as time goes by.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Approaches to ESG data for analytics

Volumes of ESG data are huge and continue to grow, questioning how financial institutions with a focus on ESG investing can continuously capture and contain required data sets, master and integrate the data, and ensure data quality for meaningful analytics. This webinar will consider approaches to ESG data and data management for analytics, the challenges...

BLOG

Alveo Integrates QuantLib into Ops360 to Deliver No Code Curve Builder Capabilities

Alveo, a provider of cloud-based market data management services, has extended its Ops360 data operations solution with the integration of QuantLib for advanced analytics. The functionality allows any appropriately permissioned business user to drag and drop input data sets into functions and set parameters to derive data and kick off the calculation of curves and...

EVENT

A-Team Briefing: Cloud Innovation for Data Ops

This Innovation Briefing will explore approaches to data infrastructure transformation, technologies required and how to make sure processes are optimised to support real time data management. Hear from leading practitioners and innovative technology solution providers who will share insight into how to set up and leverage your data infrastructure to provide user access to consistent data and analytics, and companies the ability to monetise their data.

GUIDE

Solvency II Data Management Handbook

Want to get a handle on Solvency II and what it means for data management? Need to make sure you have all the bases covered for the looming January 2016 deadline? Our Solvency II Data Management Handbook is now available for free download to help you. This Handbook is the ultimate guide to all things...