Institutional

Helping investment managers improve data quality and consistency

We know that investment managers need to build stronger operational controls in a cost effective manner to attract new institutional clients.   The current approach of reconciling data from dozens of custodians with data in your ledger system is too slow, may require manual entry, and is not cost effective.  An alternative to paper handling, receiving a back-end electronic feed directly from a custodian, can be costly to setup and may only be available from the larger custodians.

How it Works.
We automate the electronic retrieval, enrichment and consolidation of account data from thousands of custodians.  Our patented aggregation engine delivers reconciliation-ready data on a daily basis directly into your platform, where it is ready for reconciliation.

This standardized data bridges the gap between the more limited account information available via direct feeds and the wider electronic access to accurate, consolidated, account data investment managers need.

Already use SmartStream’s reconciliation software?  Our partnership with SmartStream delivers aggregated, reconciliation-ready data within the TLM Reconciliations and TLM OnDemand solutions.

How it is used.
By investment managers

• To shortened the reconciliation cycle from weeks to days
• To enable workforce reductions or shifts by saving time with the elimination of manual entry
• To make investment actions more timely with our automated alerts (new cash deposits or withdrawals)
• To use as a competitive selling point to attract new institutional and corporate clients