SmartStream’s AI Solution Supports Continuous Streaming of Reconciliations
11.8.2021 11:00:00 EEST | Business Wire | Press release
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of SmartStream Air Version 4, which provides the continuous streaming of reconciliations using the latest AI cloud-native technology. The new version will manage large volumes of data in a variety of non-standard formats and structures, it will check for accuracy and completeness on a continuous basis, without the need to reload unmatched items.
SmartStream Air Version 4 supports both real-time and continuous reconciliations. It will allow customers to use a much wider range of processing, including payment reconciliations, which is currently seeing a high level of interest. In addition, the cloud-native solution will be fully integrated with Kafka’s event streaming platform for all unified distribution of real-time messaging.
Andreas Burner, Chief Information Officer, SmartStream, states: “SmartStream Air provides true AI - it has been proven and tested in a number of Tier one banks – we are confident that this latest release is spearheading the future for reconciliations processing. The solution is completely standardised in comparison to other applications on the market today, and it can be set up and ready to use in minutes. This is a great achievement by the innovations team and the interest so far has been excellent”.
SmartStream Air Version 4 can export all data to a data lake, allowing it to be easily used for any report writing tools such as Power BI or Tableau. This means that clients can easily take the results from SmartStream Air and re-use it in conjunction with their own data lake strategy. In addition, it allows for structured and unstructured data – which can be cost-effective with greater control and flexibility.
Ends
About SmartStream Technologies
SmartStream is a recognised leader in financial transaction management solutions that enable firms to improve operational control, reduce costs, build new revenue streams, mitigate risk and comply accurately with the regulators.
By helping its customers through their transformative digital strategies, SmartStream provides a range of solutions for the transaction lifecycle with AI and machine learning technologies embedded - which can be deployed in the cloud or as managed services.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210811005083/en/
Contact information
For further information please contact:
Shamira Alidina, Media Relations Director, Dina Communications
Tel: +44 (0) 7801 590718
Email: shamira@dinacomms.com
Nathan Gee, Marketing Director, SmartStream Technologies
Tel: +44 (0) 20 7898 0630
Email: nathan.gee@smartstream-stp.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Oscilloquartz expands OSAinside ™ Series OSA 5400 TimeCard ™ with advanced server-integrated timing capabilities7.10.2026 15:00:00 EEST | Press release
Oscilloquartz today announced significant new capabilities for its OSAinside™ Series OSA 5400 TimeCard™, expanding the flexibility and performance of server-integrated timing for defense, data center, telecom and finance applications. With support for multiple deployment architectures and timing sources, the enhanced OSA 5400 TimeCard™ enables organizations to integrate highly accurate synchronization directly into commercial off-the-shelf (COTS) and purpose-built servers, reducing reliance on dedicated external timing appliances. Available as the OSA 5400 TimeCard™ and the OSA 5400 TAP TimeCard™, the platform supports PCIe Precision Time Measurement (PTM), multi-band L1/L5 GNSS with NavIC and Galileo OSNMA, advanced jamming and spoofing detection and multiple oscillator options for precise server-level synchronization. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261007831264/en/ Oscilloquartz’s enhanced OSA 5400 TimeCard
Paraguayan Air Force Taps Cessna SkyCourier for Multi-Mission Operations7.10.2026 14:00:00 EEST | Press release
Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced the Paraguayan Air Force (Fuerza Aérea Paraguaya) has become the first South American military operator of the Cessna SkyCourier turboprop, marking another milestone for the aircraft’s multi-mission versatility. Funded by Itaipu Binacional — a binational entity operated by the governments of Brazil and Paraguay — the aircraft joins the force’s existing fleet of Cessna Grand Caravan aircraft. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261007525725/en/ The Cessna SkyCourier delivery to the Paraguayan Air Force marks the aircraft’s first South American military operation and expands the force’s multi-mission capabilities. “The Cessna SkyCourier delivers unmatched reliability and mission flexibility, enabling the Paraguayan Air Force to reach remote regions with confidence,” said Bob Gibbs, vice president, Defense & Special Mission Sales. “Its rugged
Shah Rukh Khan and Rizwan Sajan Reunite For Shahrukhz Residences by Danube With Gauri Khan-Designed Penthouses7.10.2026 13:14:00 EEST | Press release
Following success of Shahrukhz by Danube, the commercial tower that sold out on launch day, Danube Properties announces next chapter of its iconic partnership with superstar Shah Rukh Khan with the launch of Shahrukhz Residences by Danube - a landmark fully furnished waterfront residential tower in Dubai Maritime City, with apartments starting at AED 1.65 million and a flexible payment plan of 30% during construction, and 70% upon handover. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261006482573/en/ Shah Rukh Khan and Rizwan Sajan Reunite For Shahrukhz Residences by Danube With Gauri Khan-Designed Penthouses (Photo: AETOSWire) Positioned as world’s first celebrity-named residential tower, Shahrukhz Residences by Danube sets a new benchmark for celebrity-inspired living, offering breathtaking views of the sea and the Dubai skyline. Adding to its exclusivity, celebrated interior designer and SRK’s wife, Gauri Khan, has des
LTM Expands Collaboration with Google Cloud to Help Accelerate Gemini Enterprise Adoption at Scale7.10.2026 11:30:00 EEST | Press release
LTM, a Business Creativity partner to the world’s largest enterprises, today announced an expanded collaboration with Google Cloud to help accelerate adoption of Google Cloud’s Gemini Enterprise. The collaboration will help organizations build, deploy, and scale AI-powered solutions by combining Gemini Enterprise capabilities with LTM's deep industry expertise, engineering talent, and global delivery capabilities. As part of this collaboration, LTM is making significant investments to strengthen its Gemini Enterprise capabilities through a dedicated Gemini Enterprise Center of Excellence (CoE), Specialized Talent and Delivery Capabilities and the development of Industry-Focused AI Solutions that will be showcased at the upcoming, state-of-the-art Gemini EnterpriseCustomer Experience Center. These efforts are designed to help organizations drive enterprise-wide AI adoption, operationalize intelligent workflows, and realize business value from AI at scale. The collaboration focuses on th
Gemcorp and Fonds Souverain Malagasy Announce Strategic Partnership to Support Investment in Madagascar7.10.2026 11:00:00 EEST | Press release
Gemcorp and the Fonds Souverain Malagasy (“FSM”) signed a strategic partnership during the 81st United Nations General Assembly (“UNGA”) in New York, establishing a framework to support investment and the development of Madagascar’s strategic assets. Under the leadership of His Excellency Michael Randrianirina, President of the Republic of Madagascar and guided by his vision to “transform the potential and endowments of the country into tangible impacts for the people,” the partnership will support FSM and the Government of Madagascar in advancing the country’s growth and investment agenda. This includes a particular focus on unlocking the value of Madagascar’s mineral resources, alongside its broader assets across mining, energy and infrastructure. As part of this partnership, FSM and the Government of Madagascar will set the strategic direction and priorities, with Gemcorp supporting FSM in structuring projects, developing investment and financing solutions, and connecting projects w
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom