LONDON, Dec 2 (Bernama-BUSINESS WIRE) — SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced that Curo Fund Services in South Africa, has gone live with TLM Aurora Trade Process Control – consolidating infrastructures across asset classes and business lines, ensuring all trade processing, proactive executions management, through to settlement, are based on verified data – enhancing cost efficiencies and regulatory compliance.
Curo Fund Services required a solution to further control and provide visibility of its trade processing requirements and to replace multiple silos for a structured end-to-end solution. SmartStream’s TLM Aurora Trade Process Control will support the entire transaction lifecycle from the point of deal capture through to allocation, confirmation and settlement. By introducing greater automation and enhancing control, the product will assist in lowering operational risk and cost, as well as managing market volatility and meeting buy-side regulatory requirements. In addition, the increase in STP levels will be paramount as the trade enrichment process draws on a single golden source of static data.