The firm plans to deploy TLM Reconciliations to help manage its increasingly diverse portfolio, by increasing control and visibility in the transaction lifecycle through more efficient reconciliation and exception management processes.
Lou Longhi, regional director, Americas at SmartStream, said: As both the institutional and separately managed account businesses continue to grow strongly, many investment managers are looking to build their operational controls for these products and offer improved customer service. TLM Reconciliations was selected by this leading asset manager to help deliver greater control due to its flexible, generic matching capabilities and rich workflow.