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SmartStream, a financial Transaction Lifecycle Management (TLM) specialist and provider, has had its TLM Corporate Actions solution has achieve SWIFT Certified Application status, in essence meeting the highest degree of messaging standards, per a SmartStream statement.
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TLM solutions helps mitigate risk for financial institutions, with the advent of automation providing better control and position monitoring for market venues. SmartStream’s TLM solutions suite had applied to SWIFT’s program for certification, having previously had its Corporate Actions accredited.
Presently, ISO 15022 and ISO 20022 are the widely utilized ... (read more)