Digital payments dawn as SmartStream unveils TLM Aurora
SmartStream Technologies, a provider of financial transaction lifecycle management (TLM) solutions has unveiled TLM Aurora, the next generation of the vendor’s flagship reconciliation platform, Corona.
“The first new module is designed to support the new industry standards in the digital payments world, by providing connectors to Swift gpi, RTGS, as well as blockchain-based networks, allowing for real-time operational control, proactive exception management and low TCO,” the vendor explains.
“TLM Aurora provides the new generation of integrated operational control for the digital marketplace,” SmartStream continues. It supports Swift and SEPA transfers, mobile, cash and card payments, digital currencies, settlements and reconciliations.
The company emphasises the offering is scalable and agile to support “the smallest of organisations” as well as the heavyweights.
An intuitive analytics layer, TLM View, allows real-time MIS and in-depth reporting to the transaction level. Organisations can search and retrieve payment transactions regardless of its origin, geography or source systems via the Integrated Advanced Payments layer. In addition, Integrated Trade Process Management enables asset managers to manage their multi-class trade operations both internally and externally.
“TLM Aurora is far more than just an upgrade,” states Haytham Kaddoura, CEO of SmartStream. “It is the result of years of R&D at SmartStream with valuable insight and intelligence from our clients and partners.”