Saxo Bank, an online trading platform for foreign exchange, currency products, and multiple other securities, has purchased TLM Corporate Actions.
“For a fast growing organization like Saxo Bank time to market was a major driver behind our decision to select a packaged application rather than pursue an in-house build,” says Henrik Alsoe, Director Business Projects, Saxo Bank.
“TLMCorporate Actions will improve our event management processing capabilities immediately, delivering scalable business processes whilst maintaining tight control of risk and cost.”
“We’re delighted that Saxo Bank selected SmartStream to help them build an automated and scalable approach to corporate actions,” states Christian Schiebl, European Regional Director, SmartStream.