KeyBank Launches SmartStream Cloud Collateral Administration Answer

KeyBank Launches SmartStream Cloud Collateral Administration Answer

SmartStream Applied sciences, the supplier of economic transaction lifecycle administration (TLM®) options, right this moment introduced that KeyBank NA is launching its on-demand answer TLM Collateral Administration (previously Algorithmics / IBM Collateral) – offering protection for cleared and non-cleared transactions, over-the-counter (OTC) derivatives, repo and securities lending margins.

KeyBank wanted to streamline its again workplace workflow with a cloud providing that will enhance the effectivity of its collateral administration operations – this included information seize, validation, computation and processing. Moreover, the usage of APIs connects the applying with varied different reporting options and downstream techniques. A strong person interface supplies clear and logical paths for the person, and a administration dashboard will assist in development evaluation and resolution making.

Paula Janofsky, Swap Operations Director, KeyBank, says: “The transfer to the cloud has allowed us to additional enhance and automate our operational and credit score danger methods, and cut back our inner infrastructure and help prices”.

Jason Ang, Program Supervisor, TLM Collateral Administration, SmartStream, says: “We’re delighted to have launched KeyBank. The financial institution will profit from SmartStream’s state-of-the-art collateral administration answer, guaranteeing that each one operational efficiencies are achieved, whereas keeping track of prices ”.

TLM Collateral Administration may be put in on premise or accessed via the cloud. This newest deployment possibility saves companies the trouble of buying and putting in their very own {hardware}, which shortens implementation occasions and minimizes overhead. SmartStream’s on-demand guarantee administration answer supplies bodily separation of buyer information to make sure buyer info isn’t combined up.

For extra info please contact:

Shamira Alidina, Director of Media Relations, Dina Communications
Cellphone. : +44 (0) 7801 590718
E-mail: [email protected]

Nathan Gee, Advertising and marketing Director, SmartStream Applied sciences
Cellphone: +44 (0) 20 7898 0630
E-mail: [email protected]

For extra info go to:

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