Sibos 2019 in London saw several key announcements from securities services providers over the deployment of APIs, AI and DLT.
SmartStream deploys new technologies allowing business users to reconcile complex sets of data in seconds.
The roll out of uncleared initial margin rules has now reached the buy-side with phase 4 firms coming into scope in September 2019.
New service will enable collateral administration desks to stay current with changes in the market and regulations.
Deutsche Bank moves reconciliation services to SmartStream to further improve processing and reduce costs.
SmartSteam’s head of strategy outlined ambitious plans for post-trade processes including streamlining and a rebranding of reconciliation.