Monday 5 October 2020

SmartStream, Tier 1 banks develop AI data 'observational learning' solution

KUALA LUMPUR, Oct 5 -- SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, has launched ‘Affinity’ in collaboration with Tier 1 banks - an Artificial Intelligence (AI) ‘observational learning’ solution to meet technical demands and business agility for operational data management and data quality processes.



With this collaboration, SmartStream has identified an integrated AI solution that can result in cost savings of as much as US$2 million per annum - bringing reconciliations into a new era, by increasing match rates and helping business users to cope with vast data volumes. (US$1 = RM4.157)



According to a statement, Affinity is available in SmartStream Air (SmartStream’s cloud native AI solution) and will be embedded into SmartStream’s flagship reconciliation solutions.



SmartStream, Tier 1 banks develop AI data 'observational learning' solution:

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