Sibos: SmartStream launches instant reconciliations using AI
Latest news
Sibos: SmartStream launches instant reconciliations using AI 24 September 2019London Reporter: Becky Bellamy
Image: Shutterstock
SmartStream Technologies has launched SmartStream Air to allow business users to reconcile complex sets of data instantly.
SmartStream Air uses artificial intelligence (AI) algorithms to auto-configure the reconciliation of data structures.
The new product is designed to eliminate time and effort, as well as making business users less reliant on support from teams of operations and IT staff.
Commenting on the launch of SmartStream Air, Haytham Kaddoura, CEO, SmartStream, said: “SmartStream Air is like having a highly skilled virtual operations team on hand that you can tap into on-demand. It is the only truly instant reconciliations solution currently available, 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. Reconciliations have met their match, you could say.”
Andreas Burner, CIO, SmartStream Innovation Lab, added: “SmartStream Air is a complete game-changer for reconciliation and transaction control. Our innovative machine learning models incorporate more than 20 years of experience and have been optimised to auto-configure complex scenarios. The new cloud product is securely and globally accessible—no installation or configuration is required.”
“SmartStream Air and its incorporated artificial intelligence technology is completely automating transaction control processes and scales our client’s productivity significantly.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 