SmartStream Technologies’ Post

How can #AI transform post-trade processing? 🤔 A recent use case with a Tier 1 US bank demonstrates the remarkable efficiency AI can bring to post-trade operations. By integrating SmartStream's Affinity module—a powerful AI tool that learns from past reconciliations to predict future matches—the bank was able to significantly streamline its transaction matching process. 💡The results? Over 11 days, Affinity matched 52.7% of transactions that would have previously required human review, halving the full-time equivalent (FTE) effort. Where it took human reconcilers 42 hours to process 15,000 records, Affinity did it in under 3 hours, saving valuable time and resources. AI in action—real numbers, real impact. Download the whitepaper for more real world applications with Affinity https://lnkd.in/giJ_EcyQ #AI #PostTradeOperations #TransactionMatching #SmartStream #OperationalEfficiency #Affinity

#𝗔𝗜 𝗶𝘀 𝗻𝗼𝘁 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗮𝗻𝘆𝗺𝗼𝗿𝗲, 𝗔𝗜 𝗶𝘀 𝗻𝗼𝘄 𝗮𝗻𝗱 𝗶𝘁'𝘀 𝗶𝗺𝗽𝗿𝗼𝘃𝗶𝗻𝗴 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆, 𝗽𝗿𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗮𝗻𝗱 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲. Risk assessment has been improved by AI through its use of advanced algorithms and #machinelearning. This is facilitated by improved fraud detection and personalised financial advice. It does so by automating tasks like transaction processing and customer service, cutting costs from operations as well as reducing human errors. AI-powered analytics are also driving market trend information that give financial institutions better insights on consumer behavior. RWS Financial Services can support you on your AI journey - find out more: https://lnkd.in/dWbBzFrv. #RWS #RWSGroup #RWSFinancial #AI #Translation #ArtificialIntelligence

💡 AI isn’t just about speed; it’s about trust A Canadian financial institution turned to KPMG in Canada to help identify risks and set up guardrails for their AI initiatives. This collaboration led to a clearer understanding of how to responsibly harness AI's potential. Want to learn more about their journey? 👉 Click to read the case study: https://lnkd.in/gSgtBPp5 #YoucanwithAI #GenAI #TrustedAI

💡The surge in instant payments has complicated managing payment exceptions, leading to delays, additional costs, and customer dissatisfaction. Exception management is often labour-intensive and time-consuming. 👉 Automation and advanced technologies like #AI are essential, offering integrated workflows that streamline exception handling and provide valuable analytics. Embracing these technologies will enhance operational excellence in the era of instant payment. Download this research brief for more. https://lnkd.in/gmvybjtE #exceptionsandinvestigations #exceptionmanagement #failedpayments #instantpayments #AI #advancedpaymentcontrol

The Impact Of AI On The Financial Services Industry   Artificial intelligence has spurred changes in various industries—and the financial services industry is no exception. Specifically, AI can help financial services companies in several key areas, ultimately enabling them to provide a smoother experience to their customers.   https://lnkd.in/dmnMnjFV   AI Unlimited Group is at the forefront of revolutionizing financial management through AI-powered solutions.   #Fintech #AI #TravelTech #InvestmentStrategies #DebtManagement #FinancialServices AI Unlimited Group LVER

💡The surge in instant payments has complicated managing payment exceptions, leading to delays, additional costs, and customer dissatisfaction. Exception management is often labour-intensive and time-consuming. 👉 Automation and advanced technologies like AI are essential, offering integrated workflows that streamline exception handling and provide valuable analytics. Embracing these technologies will enhance operational excellence in the instant payment era. Download this research brief for more. https://lnkd.in/gmvybjtE #exceptionsandinvestigations #exceptionmanagement #failedpayments #instantpayments #AI #advancedpaymentcontrol

Thought leadership might not seem like a must-have for an AI provider, but partners who produce this type of content demonstrate a deep understanding of AI technology and its broader implications for the banking industry. Not only is it proof of deep knowledge and expertise, but it’s also a sign of a partner who’s actively contributing new ideas to the space, showcasing their foresight and proactive approach to development. Learn more: https://hubs.ly/Q02tptpL0 #10QuestionsToAskAnAIProvider #10Questions #AICompany #AI

#AI streamlines the cumbersome and labour-intensive exceptions management process by learning directly from user actions or historical data. 💡Once trained, AI can predict fields and workflows for managing #exceptions. It will automatically populate fields, set labels, and execute automations based on the processes it has learned. Robin Hasson, SmartStream's Global Head of Reconciliations, highlights 'Affinity', the AI-based tool that enhances reconciliation processes by boosting accuracy and efficiency, reducing manual effort by understanding and replicating matching patterns. Learn more https://lnkd.in/gHn2F_vR #dataautomation #dataquality #observationallearning #AI #machinelearning #data #smartstreamair

🌌Thrilled to have been a part of this research #GenAI As highlighted by Keri Smith, the adoption of generative AI is not just a trend but a significant leap forward in enhancing operational efficiencies and customer experiences in banking. 🌟 #BankingTransformation #FinancialServices #EmergingTech #AIAdoption Mauro Centonze, Francesca Caminiti, Rebecca Parish

"You're doing AI compliance all wrong." My controversial take saved clients millions. Now, it's saving them from AI chaos. The secret? Common controls. Instead of reinventing the wheel for each AI project: 1. Identify core principles 2. Create a flexible framework 3. Adapt to specific use cases Result: Consistency across the board. Faster deployment. Lower risk. It's not perfect, but it's a start. And in the wild west of AI, that's gold. Read more here: https://lnkd.in/g9zYHfPq What unifying principles guide your AI strategy? #AICompliance #RiskManagement