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 Launches New Artificial Intelligence Module

Subscribe to our newsletter

Transaction Lifecycle Manager solutions provider SmartStream Technologies has completed the proof of concept for its new artificial intelligence (AI) and machine learning module, to operate within its existing TLM Cash and Liquidity Management solution for receipts and payments and assist businesses with liquidity risk management and regulatory reporting.

Hitherto, the firm has focused on developing technology that meets market requirements for liquidity forecasting – centred around in its intraday liquidity management system. With the new AI solution, SmartStream has been working on a proof of concept for profiling and predicted intraday settlement activity, including missed payments and receipts identification planned for settlement within current date. The objectives are to achieve greater visibility into the payment process and help cash management teams to manage their liquidity risk more efficiently, minimising the potential of payments being missed.

The algorithm uses data to predicts the forecasted settlement time of receipts on an intraday basis. The core of the module is underpinned by machine learning technology that continuously improves, meaning the predictions become more accurate and treasurers can make more informed decisions.

“Things are going to get tighter in terms of managing liquidity. Collateral is expensive, capital is expensive and there is currently a big drive to reduce excessive use of capital – this is an area where AI and predictive analytics can manage liquidity buffers more efficiently and that can result in significant savings,” says Head of Cash & Liquidity Management Nadeem Shamim.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best practices for regulatory reporting

Date: 16 July 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Regulatory reporting is a repetitive, time consuming and expensive business. At its best it requires robust data governance, automated data collection and reporting, standardised reporting formats, a centralised reporting system and a means to monitor and review regulatory change....

BLOG

Fenergo Adds Client Lifecycle Solution to AWS Marketplace

Fenergo, a provider of digital solutions for Know Your Customer (KYC), transaction monitoring and Client Lifecycle Management (CLM) has made its software-as-a-service (SaaS) CLM solution available on Amazon Web Services (AWS) Marketplace. AWS customers can streamline the procurement and purchase of Fenergo’s CLM directly within an AWS Marketplace account and unlock any AWS incentives, discounts,...

EVENT

RegTech Summit London

Now in its 8th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...