Standard Chartered Bank (Dubai) has selected London-based SmartStream Technologies' TLM Reconciliations solution to create a global reconciliations platform.
Standard Chartered has built a strong reputation in emerging markets for delivering customer-centric operations. As part of an ongoing strategic review to ensure the bank continues to put in place best in class solutions, the bank highlighted reconciliations as a potential area for development.
With the bank growing rapidly and volumes rising, Standard Chartered chose to integrate its existing reconciliations process into a single reconciliations platform using TLM Reconciliations. This will enable the bank to increase efficiency, help reduce operational risk in its back office operations and further improve its customer service levels.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio