SmartStream upgrades AI-based reconciliations service
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SmartStream upgrades AI-based reconciliations service 11 August 2021US Reporter: Jenna Lomax
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SmartStream Technologies has launched SmartStream Air Version 4 to provide continuous streaming of reconciliations using AI cloud-native technology.
The new version of SmartStream Air manages large volumes of data, supporting both real-time and continuous reconciliations while checking for accuracy and completeness, without the need to reload unmatched items.
SmartStream Air Version 4 can export all data to a data lake, enabling it to be used for report writing tools such as Power BI or Tableau. This means that clients can take the results from SmartStream Air and re-use it in conjunction with their own data lake strategy.
The solution will be fully integrated with Apache Kafka’s event streaming platform for unified distribution of real-time messaging. Kafta is a platform used for streaming analytics, data integration, and applications.
Andreas Burner, chief information officer at SmartStream, says: “SmartStream Air provides true AI - it has been proven and tested in a number of Tier one banks – we are confident that this latest release is spearheading the future for reconciliation processing. ”
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