SmartStream Technologies has launched TLM Aurora to support the new industry standards in the digital payments world.
According to SmartStream, TLM Aurora provides “the new generation of integrated operational control for the digital marketplace”.
The new digital payments solution supports organisations in performing operations such as SWIFT and SEPA transfers, mobile, cash and card payments, digital currencies, settlements and reconciliations.
SmartStream explained that the solution is “agile enough to support the smallest of organisations and can be scaled with the growth of the business”.
Organisations can search and retrieve payment transactions regardless of its origin, geography or source systems through the integrated advanced payments layer.
Commenting on the new solution, Haytham Kaddoura, CEO of SmartStream, said: “TLM Aurora is far more than just an upgrade. It is the result of years of research and development at SmartStream with valuable insight and intelligence from our clients and partners.”
Kaddoura added: “As digital transformation accelerates, it will become even more important that banks have control processes in place that link to existing infrastructures via a single solution. TLM Aurora has been discussed with several banks and the need to focus on data is key to intuitively leverage data discovery, data modelling and data simulation.”
“Additionally, the importance of liquidity management, reporting to the regulators and future cash flows are critical to any bank on a daily basis.”
