According to statement released by Haytham Kaddoura, who is the CEO at SmartStream, “SmartStream Air is like having a highly skilled virtual operations team on hand that you can tap into on demand. It is the only truly instant reconciliations solution currently available, producing accurate results within seconds. The solution is underpinned by sophisticated machine learning technology and it is continuously improving, meaning that results only get better as time goes by. Reconciliations have met their match, you could say”.
SmartStream Technologies is a known solutions provider that focuses on providing its clients with financial Transaction Lifecycle Management (TLM) solutions. The company is known to attract the top guys in data science and computer science field, this became even more engaging after the previous successful launch of their innovative labs. They have also, over the years, built a solid knowledge and understanding of financial institution investments.
With the launch of their new solutions set, the SmartStream Air, they hope to utilize transformative artificial intelligence (AI) algorithms to auto-configure reconciliations of any data structure. With the effective use of Artificial Intelligence, there will be an extreme reduction in time spent and effort used by staff and support while also providing a very effective and high- quality service to its clients.
Andreas Burner, CIO, SmartStream Innovation Lab, states: “SmartStream Air is a complete game changer for reconciliation and transaction control. Our innovative machine learning models incorporate more than 20 years of experience and have been optimised to auto-configure complex scenarios. The new cloud product is securely and globally accessible – no installation or configuration is required. SmartStream Air and its incorporated artificial intelligence technology is completely automating transaction control processes and scales our client’s productivity significantly”.