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SmartStream, a financial Transaction Lifecycle Management (TLM) specialist and provider, announced today that Bank Mendes Gans (part of the ING Group) has implemented SmartStream’s Corona Cash and Liquidity solution, in order to continue to meet regulatory requirements such as BCBS 248 for intraday reporting while managing 500,000 transactions per month. The solution is due to go live in the last quarter of 2016.
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Bank Mendes Gans will have access to intraday liquidity with an overview of all bank transactions, while complying with regulation and auditing ... (read more)