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Technology news

Ringkjøbing Landbobank selects SmartStream solution


25 March 2013 London
Reporter: Jenna Jones

Generic business image for news article
Image: Shutterstock
Denmark based, Ringkjøbing Landbobank, has chosen SmartStream Technologies TLM Corporate Actions solution to support growth in transaction volumes.

The TLM Corporate Actions solution will also support Ringkjøbing Landbobank’s entire event management lifecycle needs and ongoing regulatory requirements.

Alan Jones, product manager at SmartStream Technologies said: “We are delighted to have been selected by Ringkjøbing Landbobank. As they continue to experience growth in their customer market, corporate actions processing need will on become more complex.”

“It then becomes essential to manage and maintain control of operational costs—which is key for any bank in the current environment.”

Bettina Thomsen Bagger, head of operations at Ringkjøbing Landbobank, said: “We are looking forward to working with the SmartStream team. They have certainly proved their technology to be the number one provider in Denmark.”

“This advanced automation will help us continue to achieve our key goal which is to further improve the service we provide to our local customer base.”
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