SmartStream Technologies has launched the TLM Cash Management 2.0, a solution to support banks proactively manage, monitor and forecast cash flows based on real-time rather than projected balances. The solution captures transaction data from any source, facilitating the calculation and projection of funding, borrowing and lending requirements on an enterprise-wide basis. Applicable to corporate or internal cash management, TLM Cash Management 2.0 enables banks to use real-time information and implement proactive cash management practices. As a result, banks can determine the probability of settlement failure, assess the risk of potential losses and eliminate the costs of incurring unnecessary settlement and operational risk exposure in the market. The solution is also designed to provide visibility into cash exposure for future value dates and, when integrated with the TLM WebConnect solution, supporting banks to deliver account and liquidity data to customers via a browser.
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