at Financial Technnology Year
This content is provided by FinTechBenchmarker.com who are responsible for the content. Please contact them if you have any questions.
TLM Reconciliations Premium from SmartStream
End-to-end reconciliation and exception management platform supporting all reconciliation types including cash, securities, derivatives, and nostro. Offers AI and machine learning capabilities, automated matching, exception handling workflows, and regulatory compliance reporting.
Product analysis by function
Reconciliation Solutions for Operations
Systems that automate the matching and reconciliation of transactions across various systems and accounts.
More Reconciliation Solutions
More Operations ...
Core Reconciliation Capability
(12 Yes /12 Known /13 Possible features)
|
Automated Matching Engine Ability to automatically match transactions and data records from multiple sources using predefined rules. |
Product documentation and marketing explicitly state automated matching engine with configurable rules. | |
|
Multi-Source Support Capability to handle reconciliation between multiple internal and external data sources. |
Claims to handle all reconciliation types (cash, securities, derivatives, nostro), implying multi-source support. | |
|
Exception Management Process for identifying, categorizing, and managing exceptions (unmatched or suspicious items). |
Exception management workflows are a core offering described in product notes. | |
|
Flexible Matching Rules Allows flexible, configurable matching logic (exact, fuzzy, multi-field, etc.). |
Flexible, rule-based matching—including fuzzy, multi-field and manual adjustments—is referenced in official materials. | |
|
Manual Matching Support Enables users to manually match and resolve outstanding items where auto-match is not possible. |
Manual matching is supported as an exception handling measure per product documentation. | |
|
Transaction Volumes Capacity Maximum volume of transactions the solution can process per day. |
No information available | |
|
Real-time Reconciliation Supports real-time or intraday reconciliation for time-sensitive operations. |
Real-time and intraday reconciliation supported (referenced in vendor case studies and product literature). | |
|
Aggregation of Data Ability to combine, summarize, and group data for efficient reconciliation and reporting. |
Aggregation and summarization features are present for reporting and reconciliation evidence. | |
|
Multi-currency Support Processes and reconciles transactions in multiple currencies. |
Multi-currency processing is referenced under support for cash, securities, and derivatives reconciliations. | |
|
Historic Data Handling Ability to store and process historical transaction data for back-dated reconciliations. |
Historic data and back-dated reconciliation functionality is called out in official product features. | |
|
Partial Match Handling Ability to flag and process partial matches according to defined tolerances. |
Partial/approximate matches with tolerance configuration available per product sheets. | |
|
Tolerance Level Configuration Users can define matching tolerances by value, date, or field. |
Tolerance level configuration is described with custom rules. | |
|
Customizable Workflows Workflows and processes can be tailored for different reconciliation scenarios. |
Customizable workflows for exception handling and approvals are emphasized by the vendor. |
Integration and Connectivity
(10 Yes /10 Known /11 Possible features)
|
API Integration RESTful or SOAP APIs for real-time data exchange with internal and external systems. |
Restful API integration is called out in marketing and technical overviews for system connectivity. | |
|
Standardized Data Formats Supports industry formats such as SWIFT, ISO 20022, BAI2, CSV, and XML. |
Supports SWIFT, ISO 20022, and other formats, per official documentation. | |
|
Core System Connectivity Direct connection capability with core banking platforms and general ledger systems. |
Direct connectivity with core banking and GL systems is explicit in integration documentation. | |
|
Data Import/Export Automation Automated scheduled imports and exports of reconciliation files. |
Automated scheduled file imports/exports detailed in feature lists. | |
|
Batch Processing Support Processes large volumes of transactions in batch mode. |
Large scale batch processing support is referenced for high-volume customers. | |
|
Legacy System Compatibility Supports integration with older banking systems and protocols. |
Vendor offers legacy banking integration per technical reference guides. | |
|
Cloud and On-premises Deployment Options Offers both cloud-based and on-premises deployment strategies. |
Deployment options in both cloud and on-premises mode described on SmartStream site. | |
|
Third-party Data Feeds Consume data directly from payment networks, clearing houses, and custodians. |
Integration with payment networks and custodians supported for nostro and securities reconciliation. | |
|
Automated Data Validation Pre-processes incoming data and flags structural errors or anomalies. |
Automated data validation and structural checks described in technical sheets. | |
|
High-frequency Data Ingestion Rate Number of data files that can be ingested per minute. |
No information available | |
|
File Format Conversion Supports conversion between different file types and formats for compatibility. |
File format conversion is part of data ingestion capabilities. |
Security and Compliance
(8 Yes /8 Known /10 Possible features)
|
Data Encryption End-to-end encryption for data at rest and in transit. |
End-to-end encryption (at rest and transit) stated in compliance/security whitepapers. | |
|
User Authentication and SSO Support for secure user authentication and Single Sign-On (SSO) integration. |
Supports SSO and authentication integrations according to enterprise deployment guides. | |
|
Audit Logging Comprehensive logging of user actions and system changes for audit purposes. |
Comprehensive audit logging supported as part of regulatory compliance offering. | |
|
Role-Based Access Control Granular access rights and permissions assigned based on user roles. |
Role-based permissions for access described in security/administration documentation. | |
|
Compliance Standards Support Supports regulatory compliance with standards such as SOX, PCI DSS, GDPR, etc. |
Supports SOX, PCI DSS, GDPR, and regional compliance per feature list. | |
|
Data Masking Sensitive information is automatically masked from unauthorized users. |
Data masking of sensitive fields is a standard feature, particularly for PII/PCI data. | |
|
Data Retention Policies Configurable data retention and archival policies to satisfy regulatory requirements. |
Configurable data retention and purging policies cited for regulatory compliance. | |
|
Secure API Access APIs use secure protocols and user authentication for safe data exchange. |
API access is secured per vendor technical documentation. | |
|
Fraud Detection Capabilities Built-in monitoring for suspicious or fraudulent patterns during reconciliation. |
No information available | |
|
Penetration Testing Frequency Number of external penetration and vulnerability tests performed annually. |
No information available |
User Interface and Usability
(7 Yes /7 Known /11 Possible features)
|
Dashboard Customization Users can personalize dashboards with relevant data and metrics. |
Dashboards are customizable—user can rearrange, show/hide modules as needed. | |
|
Advanced Search and Filtering Powerful search and filtering tools to quickly find transactions or exceptions. |
Advanced search and filtering tools referenced for compliance and operational auditability. | |
|
Drag and Drop File Upload Simple file upload process using drag-and-drop interface. |
Drag-and-drop file import is a listed feature for improved UX. | |
|
Bulk Action Support Perform actions (matching, exception handling) on multiple items at once. |
Bulk actions for matching and exception handling available for operational efficiency. | |
|
Activity Notification System In-app or email notifications for key events and user actions. |
Notification system (email, in-app) alerts users of exceptions and key events. | |
|
Accessibility Compliance Interface meets accessibility standards (like WCAG) for disabled users. |
No information available | |
|
Multilingual Support User interface available in multiple languages. |
No information available | |
|
Mobile Device Accessibility System accessible and functional on mobile devices and tablets. |
No information available | |
|
Concurrent Users Supported Maximum number of users that can use the system simultaneously. |
No information available | |
|
Configurable User Roles User interface adapts features and visibility by role. |
User interface is configurable by role/context, per admin/config guides. | |
|
Theme and Branding Options Supports customization of appearance to match organization branding. |
Vendor highlights capability to customize branding and appearance for clients. |
Reporting and Analytics
(9 Yes /9 Known /10 Possible features)
|
Standard Reconciliation Reports Predefined reports covering all core reconciliation activities. |
Standard reconciliation reporting is mentioned in all core product material. | |
|
Custom Report Builder Enables users to design custom reports and save templates. |
Custom report building and templating is available, referenced in user documentation. | |
|
Automated Report Scheduling Automatically generates and distributes reports on a set schedule. |
Automated report scheduling described in product feature summaries. | |
|
Data Visualization Visual dashboards and charts for exception trends, match rates, and more. |
Visual dashboards, exception trend charts, and analytics described by vendor. | |
|
Drill-down Functionality Allows users to click into summarized results for deeper transaction insights. |
Drill-down from aggregate to transaction-level data is supported. | |
|
Historical Trend Analysis Analyzes reconciliation results and exception rates over time. |
Historical trend analysis for exceptions and reconciliation results described. | |
|
Export Options Reports can be exported in multiple formats (PDF, Excel, CSV, etc.). |
Exports to PDF, Excel, CSV, etc. are available. | |
|
Exception Root Cause Analysis Analyzes exceptions to identify recurring root causes. |
Exception root cause analysis is part of advanced exception management capability. | |
|
Audit Reporting Provides audit-ready reporting functionality to support regulatory audits. |
Audit-ready reporting is specified. | |
|
Data Retention for Reports How many years reports are retained and accessible in the system. |
No information available |
Exception and Dispute Handling
(7 Yes /7 Known /10 Possible features)
|
Exception Workflow Automation Configurable workflows for exception escalation, assignment, and resolution. |
Automated workflows for exception escalation/assignment are available. | |
|
Case Management System Dedicated portal to track and resolve exceptions with status updates. |
Case management with exception tracking/status is part of the core system. | |
|
Integration with Communication Tools Ability to communicate with counterparties (internal/external) from within the tool. |
No information available | |
|
SLA Tracking Monitors whether exception investigation and resolution times are within SLA. |
No information available | |
|
Automated Notifications on Exceptions Automatic alerts to relevant users when exceptions occur. |
Automatic exception notifications via email/workflow described. | |
|
Evidence Attachment Ability to add supporting documents for each exception/dispute. |
Evidence and document attachments to exceptions supported. | |
|
Exception Aging Reports Tracks how long exceptions remain unresolved. |
Exception aging and reporting available. | |
|
Root Cause and Resolution Capture Captures detailed notes and root cause analysis for exceptions. |
Root cause capture for exceptions supported in workflows. | |
|
Bulk Exception Processing Resolution actions can be applied to multiple exceptions simultaneously. |
Bulk processing of exceptions is covered for operational efficiency. | |
|
External Dispute Integration Ability to connect with external systems holding dispute records. |
No information available |
Scalability and Performance
(6 Yes /6 Known /10 Possible features)
|
Horizontal Scaling Capability to distribute workloads across multiple servers or cloud nodes. |
Scales horizontally; described as enterprise-grade, supporting distributed deployment. | |
|
Peak Transaction Throughput Maximum number of transactions processed per second during peak loads. |
No information available | |
|
Latency Average time taken to complete a standard reconciliation cycle. |
No information available | |
|
Concurrent Processes Supports parallel processing of multiple reconciliation tasks. |
Supports parallel/concurrent processing for multiple reconciliation tasks. | |
|
Zero-downtime Upgrades Upgrades and patches can be applied with no operational interruption. |
Zero or minimal downtime for upgrades is a stated goal—practical for most enterprise deployments. | |
|
Transaction Archive Capacity Maximum number of historical transactions held in online storage. |
No information available | |
|
Global Deployment Support System supports multi-region or global operations from a single instance. |
Supports multi-region/global enterprise deployments from a single instance. | |
|
Performance Monitoring Tools Built-in dashboards to monitor and alert for performance or capacity issues. |
Built-in dashboards for system health and capacity used by administrators. | |
|
Elastic Resource Allocation Resources can be scaled up/down automatically based on load. |
Elastic cloud resource scaling described for SaaS and cloud deployments. | |
|
Disaster Recovery RPO/RTO Recovery point objective (RPO) and recovery time objective (RTO) values for disaster recovery. |
No information available |
Configurability and Customization
(7 Yes /7 Known /10 Possible features)
|
User-defined Fields Add custom data fields to records as required by business processes. |
User-defined fields supported for configuration and data capture. | |
|
Rule Builder Interface Non-technical users can create/modify matching rules with a drag-and-drop tool. |
Rule builder available for non-technical users per admin documentation. | |
|
Flexible Workflow Designer Customizable process flows for different product lines or regulatory environments. |
Flexible workflow designer for custom reconciliation processes per industry/region. | |
|
Localization Options Adapts dates, currency formats, and language to different jurisdictions. |
Localization (dates, currencies, language) supported for global customers. | |
|
Policy-driven Controls Business logic and workflows enforced by configurable company policies. |
Policy-driven control and workflow enforcement is a key compliance feature. | |
|
Plug-in Extension Framework Ability to extend core modules with plug-ins for bespoke needs. |
No information available | |
|
White-labelling Branded interface and URLs for different regions or business units. |
. | No information available |
|
Versioning and Change Tracking All configuration changes are tracked and can be rolled back. |
. | No information available |
|
Importable Rule and Workflow Templates Allows import/export of rules or workflows from other environments. |
Import/export of rules/workflows mentioned for multi-instance clients. | |
|
User-defined Alerts Users can configure custom alerts for specific events or thresholds. |
Users can configure custom alerts for events and thresholds. |
Audit and Traceability
(8 Yes /8 Known /10 Possible features)
|
Full Change History Captures all data edits, with metadata (who, when, what). |
System tracks and logs all data edits with user metadata, for traceability. | |
|
Transaction Drillback Can trace reports and exceptions back to underlying transaction data. |
Transaction drillback supported in exception and audit workflows. | |
|
Digital Signatures Enforces digital signatures for approvals and manual interventions. |
Digital signatures workflow for approvals/manual interventions cited in compliance suite. | |
|
Audit Data Export Allows secure export of audit logs for compliance review. |
Supports secure export of audit logs for compliance review. | |
|
Tamper-evidence Any unauthorized change attempt is detected and flagged. |
System flags any unauthorized change attempts for audit trail integrity. | |
|
Audit Trail Retention Period Duration audit logs are stored and available for review. |
No information available | |
|
Automated Reconciliation Certification Generates certification reports for periodic reconciliation audits. |
Product can generate reconciliation certifications and end-of-period attestations. | |
|
Role Separation Enforcement Ensures critical reconciliation and approval functions have separation of duties. |
Role separation and enforcement is required for regulated banking clients—covered by RBAC and approval chains. | |
|
User Access Review Tools Tools to support periodic review of system access permissions. |
Periodic user access review tools available for compliance workflows. | |
|
Regulatory Audit Mode Special mode for supporting regulatory inspections of the system. |
No information available |
Support and Vendor Services
(9 Yes /9 Known /10 Possible features)
|
24/7 Support Availability Global support available round-the-clock across regions. |
Global 24/7 support described in vendor service-level publications. | |
|
Dedicated Technical Account Manager Named point-of-contact for ongoing support and escalation. |
Dedicated account and technical managers are a standard for enterprise contracts. | |
|
Implementation and Migration Assistance Professional services to onboard, migrate, and configure the product. |
Professional services for onboarding, migration, configuration are offered by SmartStream. | |
|
User Training Programs Structured onboarding and training for system users and administrators. |
Structured user/admin training programs available. | |
|
Online Documentation Portal Comprehensive and searchable product documentation library. |
Online documentation portal available for SmartStream clients. | |
|
Community Forum Access Peer support forums and knowledge base access. |
Community forums and peer support options available for clients. | |
|
Solution Health Checks Periodic proactive system reviews and health assessments. |
Periodic health checks and reviews part of enterprise support contracts. | |
|
Upgrade and Patch Management Regular, managed updates and security patch deployment. |
Regular upgrades and proactive patch management available. | |
|
Incident Response SLA Guaranteed time to respond to high-severity incidents. |
No information available | |
|
Custom Enhancements Service Availability of custom development services for bespoke features. |
Custom enhancement and integration services are offered per customer requirements. |
This data was generated by an AI system. Please check
with the supplier. While you are talking to them, remind them that they need
to update their entry.