SmartStream wins TLM Reconciliations SEC contract
23 September 2014 Washington DC
Image: Shutterstock
SmartStream has been awarded a contract by the US Securities and Exchange Commission (SEC) to furnish SmartStream’s TLM Reconciliations Premium solution to the SEC’s office of compliance inspection and examinations (OCIE).
The SEC will use TLM Reconciliations to support the OCIE’s nationwide examination and inspection programme for registered self-regulatory organisations, broker-dealers, transfer agents, clearing agencies, investment companies, and investment advisers.
As well as TLM Reconciliations, SEC also has access to TLM SmartRecs and will use data delivered by Morningstar’s ByAllAccounts.
The TLM Reconciliations will be used in Washington DC as well as 11 regional offices across the US.
Phillppe Chambadal, CEO for SmartStream, said: “We are very excited to have the primary US regulatory agency using our solutions to support the work of its office of compliance inspections and examinations.”
James Carney, president of ByAllAccounts, said: “Using ByAllAccounts data, SmartStream has created an innovative approach that the SEC intends to utilise in facilitating its examination and inspection programme.”
The SEC will use TLM Reconciliations to support the OCIE’s nationwide examination and inspection programme for registered self-regulatory organisations, broker-dealers, transfer agents, clearing agencies, investment companies, and investment advisers.
As well as TLM Reconciliations, SEC also has access to TLM SmartRecs and will use data delivered by Morningstar’s ByAllAccounts.
The TLM Reconciliations will be used in Washington DC as well as 11 regional offices across the US.
Phillppe Chambadal, CEO for SmartStream, said: “We are very excited to have the primary US regulatory agency using our solutions to support the work of its office of compliance inspections and examinations.”
James Carney, president of ByAllAccounts, said: “Using ByAllAccounts data, SmartStream has created an innovative approach that the SEC intends to utilise in facilitating its examination and inspection programme.”
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