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 Announces Partnership with Longtop to Distribute TLM Solutions Across China

Subscribe to our newsletter

SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that it has formed a new partnership with Longtop, a software development and solutions provider targeting the financial services industry in China. Longtop will integrate SmartStream’s suite of Transaction Lifecycle Management (TLM) solutions to complement its existing technologies and services.

Longtop’s expertise across the financial sectors and its broad portfolio of services will also help to complement and expand SmartStream’s presence in the Chinese market. SmartStream already has a number of local clients from state-controlled banks and nation-wide commercial banks through to city commercial banks and rural banks.

Li Shu, a senior vice president at Longtop, commented: “In the area of international settlement and comprehensive reconciliation, SmartStream products are leading in the industry. It’s our great pleasure to work together with SmartStream and the partnership will definitely enhance Longtop’s capacity in providing qualified services in international settlement and reconciliation solutions for banks. Longtop will set up a dedicated team to work with SmartStream for product sales, pre-sales, solutions implementation and maintenance.”

Alastair McGill, executive vice president of business development and alliances at SmartStream Technologies, added: “I’m delighted that we have partnered with Longtop to further strengthen our distribution and customer service capabilities in a strategically important region. The combined strengths of our two organisations offers China’s leading financial services firms access to leading edge transaction processing solutions and services that will remove back office limitations and support them as their continued rapid growth. The immediate focus of our partnership will be to help firms increase the automation and risk control within their trade finance and reconciliation operations – as these are two pain points clients are experiencing today. However, over time I expect the partnership to grow and hope to see SmartStream and Longtop exploit the value the rest of our solution suite can bring to the Chinese market.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Private Markets Data Opportunities Under the Microscope: Webinar Preview

As institutional asset managers accelerate their allocations into private markets, they often find themselves facing an alien landscape when it comes to data. Used to the data-driven systems that power public capital markets, investors in private markets, including private equity and private credit as well as alternatives such as property, must contend with greater opacity,...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...