SmartStream Technologies has launched a solution to address the post-trade confirmation needs of participants in the global treasury markets, TLM Treasury Confirmations. The solution delivers auto match rates for a range of treasury instruments and deal sources, combined with enterprise scalability designed to help institutions to manage soaring volumes. SmartStream claim that, by replacing legacy applications and semi-manual processes with a single solution, institutions will receive greater control and visibility into the confirmation of any instrument, helping to deliver lower operational costs and risk. Integrated exception management, including proactive alerting, makes managers and analysts aware of any confirmation failures as early as possible to ensure errors can be rectified before they become critical. Functionally-rich dashboards provide end-to-end process monitoring and the ability to drill down to individual transactions to discover the root cause of late confirmations.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.