SmartStream awarded Best Corporate Actions Solution at the 6th Regulation Asia Awards for Excellence 2023

SmartStream Technologies was awarded Best Corporate Actions Solution in the 6th Regulation Asia Awards for Excellence 2023.

This award recognises solutions that enable financial institutions to automate and optimise operations related to corporate actions, including to capture, format, and deliver relevant updates to stakeholders in a timely manner with high accuracy, high efficiency and low failure rates.

SmartStream Technologies was recognised for its TLM Corporate Actions and TLM Corporate Actions OnDemand platforms. The TLM Corporate Actions solution delivers automated, real-time governance and processing across the entire lifecycle of corporate action events and proxy meetings, helping to enhance visibility and reduce errors and costs. The cloud-based OnDemand platform facilitates quick, efficient adoption, particularly for firms transitioning to T+1 settlement without requiring extensive infrastructure investment.

Both solutions are designed to streamline operational procedures and can process all ISO event types, delivering data and event-driven workflows, process automation, and active alerting across the complete corporate actions event lifecycle. New analytical and risk dashboards provide holistic overviews of event parameters and relate these directly to operational risk, leveraging industry best practice to create a standardised, pre-configured model which accelerates time to market and lowers total cost of ownership.

The Regulation Asia awards panel credited SmartStream for its platform’s capabilities in mitigating failure risks, boosting operational efficiency, and enhancing client services. Additionally, the judges lauded the platform for its role in refining and streamlining corporate actions processes, ensuring the accuracy and actionability of timely information for stakeholders. SmartStream’s full-lifecycle model offers a “one-stop shop for corporate actions”, according to one judge.