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Thursday, December 12, 2019

SmartStream partners with Union Systems to meet demand for East and West Africa – Businessday NG


SmartStream Applied sciences, the monetary Transaction Lifecycle Administration (TLM) options supplier, at the moment introduced its partnership with Union Systems Restricted, a key supplier of monetary software program options and skilled companies to main banks in East and West Africa. The 2 corporations collectively will assist organisations of their digitisation methods of put up-commerce environments whether or not it’s liquidity transparency, decreasing operational threat or transferring to the processing of digital funds.
Union Systems helps prospects in 19 African international locations and helps to successfully scale processes, enhance compliance and drive operational efficiencies for a few of the main banks within the area. Beneath the brand new settlement, SmartStreams TLM options will assist organisations make the journey in the direction of digital transformation by offering a variety of options for the transaction lifecycle. AI and Blockchain applied sciences are being embedded all through the options, that are additionally obtainable in a wide range of deployment fashions.


Commenting on the partnership, Chuks Onyebuchi, CEO, Union Systems mentioned: The partnership with SmartStream to ship their suite of Transaction Lifecycle Administration (TLM) options to the area enhances our present product providing. We’re significantly enthusiastic about SmartStream Air which is a recreation-changer for reconciliations via its use of synthetic intelligence.
Guenther Ruf, Director Partners and Alliances, SmartStream, states: Union Systems is a really respected organisation within the area that has the data we require so as to assist banks strengthen their again-workplace features. SmartStreamsTLM options will increase automation ranges to assist drive up STP charges, bringing down the general price of processing, while on the similar time bettering customer support via the discount of errors, and as well as, defending and enhancing a companies fame.


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