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Danish IT Service Provider Expands Services Portfolio with TLM Corporate Actions.


* Danish IT Service Provider Has Selected TLM TLM Telemetry
TLM Transaction Level Modeling
TLM Tout Le Monde (French)
TLM The Leprosy Mission (Northern Ireland)
TLM Transmission Line Matrix
TLM The Little Mermaid (fairy tale) 
([R]) Corporate Actions

* TLM Corporate Actions Will Be Supplied to 40 Institutions

LONDON -- SmartStream Technologies, the Transaction Lifecycle Management specialist, today announced that a leading Danish IT service provider has selected TLM([R]) Corporate Actions to create a new service offering for its customers.

The solution, which was selected after a competitive review process, enables the organisation to offer outsourced corporate actions processing based on leading technology to a variety of financial institutions in the Nordic region. TLM Corporate Actions will be the heart of an ASP service automating the complete event management, from data cleansing See address cleansing and data hygiene.  to creating the golden record and managing the entitlement An individual's right to receive a value or benefit provided by law.

Commonly recognized entitlements are benefits, such as those provided by Social Security or Workers' Compensation.
 process.

Christian Schiebl, Regional Director, Europe, SmartStream Technologies, commented: "This is an exciting opportunity for SmartStream to partner with one of the leading Nordic service providers. Once the implementation is live TLM Corporate Actions will be used by more than 40 firms across the region - making it one of the most heavily franchised corporate actions solutions. We are delighted we've been selected to help those firms make a big step forward in improving their efficiency and reducing operational risk."

Notes to Editors

About SmartStream Technologies

SmartStream Technologies provides enterprise-wide, real-time Transaction Lifecycle Management (TLM([R])) solutions that deliver sustainable ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  through non-disruptive business transformation.

Derived from SmartStream's STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;.  Control Architecture, TLM solutions leverage and enhance existing infrastructure investments to automate To turn a set of manual steps into an operation that goes by itself. See automation.  scalable process flows, within and beyond the enterprise, to track and control financial transactions.

1,000 clients, including more than 75 of the world's top 100 banks, rely on SmartStream's solutions to eliminate the barriers to STP thereby reducing operational risk and cost whilst addressing regulation and improving customer service.

SmartStream's STP Control Architecture delivers TLM solutions for:

* Cash Management

* Compliance Management

* Corporate Actions

* Exception Management

* Reconciliations

* Trade Finance

* Trade Process Management

SmartStream's global Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  and Support operations deliver successful implementations and ensure clients benefit from their investment in TLM solutions.

The company is headquartered in the UK with direct operations in London, Bristol, Paris, Vienna, Zurich, Frankfurt, Luxembourg, Madrid, Milan, New York Milan is a town in Dutchess County, New York, United States. The Town of Milan is in the northern part of the county. History
The area that comprises Milan today was the western part of the Little Nine Partners Patent of 1706.
, Singapore, Beijing, Sydney and Mumbai.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 2, 2007
Words:351
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