UBS Investment Bank is extending its usage of SmartStream Technologies’ TLM Reconciliations application and adopting the TLM WebConnect connectivity system.
The Swiss investment bank will expand its use of TLM Reconciliations to implement a collateral management reconciliation application and replace its existing securities reconciliation system.
“We have been a trusted supplier to UBS for a number of years, successfully deploying TLM across their global operations,” says Richard Cummings, regional director of SmartStream UK. “We are delighted that the Investment Bank has decided to expand its use of TLM Reconciliations to gain a further return on their investment.”