For the sixth year in a row, Financial Technologies Forum (FTF) sponsored the FTF News Technology Innovation Awards competition to help securities industry professionals shine the spotlight on the outstanding companies, individuals and industry groups that have achieved excellence in post-trade operations. The key winners for 2016 are featured in the special Awards Issue… Read More >>
SmartStream President Has a History of IT Initiatives
(Editor’s note: Industry veteran Philippe Chambadal, president of post-trade solutions provider SmartStream, was chosen as Fintech Person of the Year, a key honor of the 2016 FTF News Technology Innovation Awards. Chambadal will be profiled in the upcoming awards edition of FTF Focus magazine. In this excerpt from the profile, FTF News reviews his involvement… Read More >>
SmartStream’s President Pushes the Utility Model
(Editor’s Note: In the forthcoming FTF Focus magazine edition that features in-depth coverage of the FTF News Technology Innovation Awards, we are featuring a profile of Philippe Chambadal, the president of SmartStream, who was voted FinTech Person of the Year. As we found out in this teaser version of the profile, Chambadal shows no sign… Read More >>
SmartStream’s New Offering Targets High-Risk Manual Recs
SmartStream Technologies is taking on manual reconciliation at small-to-medium-sized firms with a new solution, TLM SmartRecs OnDemand, intended to help them avoid the pitfalls of reconciliation based only on spreadsheets, officials say. “Manual reconciliation of spreadsheets necessitates a number of high-risk steps,” says Robin Hasson, product manager for SmartStream, in response to questions from FTF… Read More >>
SmartStream Names New CEO as Philippe Chambadal Becomes President
Post-trade systems vendor SmartStream Technologies has a new CEO, Haytham Kaddoura, who will be working with Philippe Chambadal, who has left the CEO post to become president of the company, vendor officials announced this week. Kaddoura has served as an advisor to the board of directors of SmartStream, and is a member of the board… Read More >>
Northern Trust Hires from Blackrock
Northern Trust Asset Management Fills Senior Posts Northern Trust Asset Management, with $875 billion in assets under management (AUM) as of the end of 2015, reports two senior appointments to its London-based asset management group. Aaron Overy has been named to a senior institutional sales post, with a primary focus on the U.K. market, and Nigel… Read More >>
SmartStream Fills Strategic Account Management Post
SmartStream Names Strategic Account Management Head SmartStream Technologies, which characterizes itself as a transaction lifecycle management specialist, reports the appointment of Naren Patel to head strategic account management for its Corona business unit, based in London. Patel will report to Marcus von Rahden, head of sales Europe for Corona, and will be responsible for all… Read More >>
SmartStream Launches Adaptor for Margining
London-based financial transaction management software specialist SmartStream is launching the TLM Collateral Management Adaptor to help firms manage initial and variation margining for non-cleared, over-the-counter (OTC) derivatives, say vendor officials. The new adaptor integrates SmartStream’s TLM Collateral Management with the MarginSphere clearing services of margining platform vendor AcadiaSoft, officials say. The adaptor is delivered as… Read More >>
Interactive Data SPreDs the Ops Costs with Trio of A-List Banks
Interactive Data Corp. is serving as a data provider to a new SmartStream reference data utility, nicknamed the Securities Product Reference Data (SPReD), which has the support of Goldman Sachs, JPMorganChase and Morgan Stanley for its potential to cut operational costs. The new utility offers services for instrument reference data normalization and validation across all… Read More >>
SWIFT Recertifies SmartStream’s Corporate Actions Software
SmartStream, a London-based financial transaction management software specialist, reports that its TLM corporate actions processing software has again received certified application status from the SWIFT cooperative for financial messaging and related systems. Certified application status, which is subject to yearly renewal, ensures that the application is “fully compliant with SWIFT corporate actions messaging standards,” SmartStream… Read More >>
