SmartStream Technologies has expanded its global operations with a new office in Tokyo. Eiichi Matsumoto, who joins SmartStream as country manager for Japan, will lead the new operations.
SmartStream has established a client base of both regional banks and mega-banks through its local distribution partners, who to date have focused on selling and supporting the company’s market leading reconciliations solutions. The launch of a direct presence in the market signals SmartStream’s intent to expand the range of its middle and back office solutions available to the Japanese market, both through a direct sales operation and through a broader array of channel partners.
SmartStream’s new reconciliations and corporate actions solutions will be made available in Japanese, together with the company’s cash management and trade process management solutions.
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