SmartStream Technologies has launched TLM Control to remove barriers to STP. It focuses on improving standards in Usability, Flexibility, Speed of Deployment and Cost of Ownership.
TLM Control is designed to deliver Cash & Collateral Mgt, Exception Mgt, Trade Process Mgt and Regulatory Compliance applications for clients to rapidly construct their composite STP applications.
“This is the most important and exciting announcement we’ve made since the launch of TLM Reconciliations,” says Steve Moss, the Business Development Director of SmartStream. “We built TLM Control guided by the experience of our largest customer assignments to provide a sophisticated, dramatically quicker and more powerful solution to deliver STP than anything in the market. Believe me we’ve looked! TLM Control is going to fuel our leadership of the rapidly growing Enterprise Exception Mgt and Trade Process Mgt markets where we have already made such an impact.”
“Most clients are able to provide an analysis of the way in which their transactions can enter an exception state,” adds Neil Vernon, the Senior Product Manager at SmartStream. “Using this intelligence TLM Control recognises a specific exception cause and executes corrective action, typically injecting a person into the process to resolve the issue before it creates unnecessary exposure to risk or cost.”