SmartStream Technologies today announced that a major U.S. hedge fund has selected its TLM Corporate Actions to automate Event Lifecycle.
Based in New York City, the hedge fund is ranked in the Top 10 globally by asset size. The hedge fund selected TLM Corporate Actions in order to achieve a “near-STP process” by automating the firm’s corporate actions Event Lifecycle.
“Our hedge fund client’s operational vision matches its investment strategy vision. We are very pleased that TLM Corporate Actions was chosen to meet the tough requirements of this hedge fund’s demanding operations team,” says Lou Longhi, Americas regional director of SmartStream Technologies.