KUALA LUMPUR, Sept 25 -- SmartStream Technologies has launched artificial intelligence (AI) into its existing managed service offering, which covers reconciliations, corporate actions, cash management and reference data.
SmartStream has worked alongside its clients to introduce AI into their offering, to reduce operating costs and pricing, as well as improve operational efficiency and reporting.
The new AI service increases the quality of managed services with new monitoring tools, as it will trace incoming messages for SLA’s - ensuring data is delivered correctly.
SmartStream senior vice-president (Managed Services), Nick Smith said: “The new AI function is taking the stress out of data reporting, a significant improvement to back office efficiency, whilst helping to lower costs.
“In addition, it enables the bank to maintain a control team to monitor performance and results on a daily basis.
-- BERNAMA
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