SmartStream Technologies, a financial transaction lifecycle management (TLM) specialist, has formed a new partnership with Longtop, a software development and solutions provider targeting the financial services industry in China. Longtop will integrate SmartStream’s suite of TLM solutions to complement its existing technologies and services.
Longtop’s expertise across the financial sectors and its broad portfolio of services will also help to complement and expand SmartStream’s presence in the Chinese market. SmartStream already has a number of local clients from state-controlled banks and nation-wide commercial banks through to city commercial banks and rural banks.
Li Shu, senior vice president at Longtop, said: “In the area of international settlement and comprehensive reconciliation, SmartStream products are leading in the industry. It’s our great pleasure to work together with SmartStream and the partnership will definitely enhance Longtop’s capacity in providing qualified services in international settlement and reconciliation solutions for banks. Longtop will set up a dedicated team to work with SmartStream for product sales, pre-sales, solutions implementation and maintenance.”
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