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 TLM Corporate Actions Event Management On Demand, Delivering Enhanced Event Automation as a Service

Subscribe to our newsletter

SmartStream, the financial Transaction Lifecycle Management specialist, today announced the launch of a new service, TLM Corporate Actions Event Management On Demand, delivering enhanced event management through the Software as a Service (SaaS) model.

TLM Corporate Actions Event Management On Demand delivers the proven event management capabilities of SmartStream’s TLM Corporate Actions solution as a secure, resilient and fully managed service. Designed to meet the automation requirements of small to mid-sized firms, the service eliminates manual event data processing and recording of critical dates, whilst lowering the Total Cost of Ownership for an automated event management solution.

Through its integrated diary-based approach, the service provides an online database of all events that affect client portfolios. The automated population of the event diary displays all critical dates and any actions required to manage the event lifecycle on behalf of clients.

TLM Corporate Actions Event Management On Demand takes in the client’s feed sources to create a single, rationalised event master or Golden Record. This information, in conjunction with custodian / prime broker specific deadline dates, is used to drive workflow processes that automatically populate and update the service’s integrated diary. The diary also monitors and displays all exceptions and tasks raised against each event providing a prioritised list of activities to the user in real-time.

This supports firms to mitigate the risk of missing critical deadlines and enables the qualification of custodian event notices. Further, the service can be pre-populated with event data from SmartStream’s Managed Data Services or the firm’s data vendor of choice.

As a result, the TLM Corporate Actions Event Management On Demand service enables organisations to lower the Total Cost of Ownership for an automated event management solution, while at the same time improving its risk reporting and client reporting capabilities.

Alan Jones, Senior Product Manager at SmartStream, commented: “The launch of this new on demand service comes at a time when many small to mid-sized firms are wrestling with how to increase their automation of the event management process whilst also reducing their operational costs. This new service offers the rapid and secure delivery of events against the securities of interest that must be managed on a client’s behalf. It removes the cost and resource implications of managing an automated solution in house, providing proven automation and event management capabilities.”

Philippe Chambadal, CEO of SmartStream, added: “TLM Corporate Actions Event Management On Demand is SmartStream’s latest innovation and an integral part of our approach to helping clients’ drive down their operational costs without compromising the tools used for automating critical back office processes.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practices for buy-side data management across structured and unstructured data

Data management is central to asset management, but it can also be a challenge as firms face increased volumes of data, data complexity and the need to consolidate structured and unstructured data to gain valuable insights, improve decision-making, step up customer acquisition and compliance, and ultimately, gain competitive advantage in a market characterised by tight...

BLOG

A-Team Group Names Winners of its Data Management Insight Awards – USA 2024

The waiting in over! A-Team Group has announced the winners of its Data Management Insight Awards – USA 2024. The awards, which acknowledge leading data management solutions, services and consultancy to capital markets participants across the USA, were presented by Andrew Delaney, president and chief content officer at A-Team Group. The winners were named at...

EVENT

Future of Capital Markets Tech Summit: Buy AND Build, London

Buy AND Build: The Future of Capital Markets Technology London on September 19th at Marriott Hotel Canary Wharf London 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 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...