SmartStream Technologies, the financial Transaction Lifecycle Management
specialist, today announced the implementation of their Global Holiday
Calendar at SWIFT, within their reference data management business.
The Global Holiday Calendar provides coverage of trading
sessions, exchange holidays, bank holidays, stock exchange settlement
holidays, and derivatives exchange holidays. All holidays and sessions
are continually monitored and any changes will be delivered to users in
Patrik Neutjens, Head of Reference Data, SWIFT, says: "Quality of data
and accuracy is key when looking at world events and how they impact
financial services. Our aim was to find a vendor solution that provided
us with the flexibility and customisation to manage all global events
data in real-time."
Phiippe Chambadal, CEO, SmartStream Technologies, says: "The key
differentiator for our Global Holiday Calendar is our rigid cleansing
and processing services which provide accurate data worldwide. We are
delighted to work with the SWIFT team on this implementation".
About SmartStream Technologies
SmartStream provides Transaction Lifecycle Management (TLM®) solutions
and Managed Services to dramatically transform the middle and
back-office operations for financial institutions. Over 1,500 clients,
including more than 70 of the World's top 100 banks, 8 of the top 10
asset managers, and 8 of the top 10 custodians rely on SmartStream's
SmartStream delivers greater efficiency, automation and control to
critical post trade operations including: Reference Data Operations,
Trade Process Management, Confirmations and Reconciliation Management,
Corporate Actions Processing, Fees and Invoice Management, Cash &
Liquidity Management and Compliance Solutions. Used independently or as
a suite of solutions and services, clients' gain a lower
cost-per-transaction while reducing operational risk, aiding compliance
while improving customer service levels.
For more information about SmartStream visit: www.smartstream-stp.com
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