SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) solutions provider, today declared its organization with Union Systems Limited, a key supplier of financial software solutions and professional services to significant banks in East and West Africa. The two organizations together will bolster associations in their digitisation procedures of posttrade environments regardless of whether it is liquidity transparency, diminishing operational risk or moving to the preparing of digital payments.

Union Systems bolsters clients in 19 African nations and serves to viably scale forms, improve consistence and drive operational efficiencies for a portion of the main banks in the area. Under the new understanding, SmartStream's TLM arrangements will assist associations with making the adventure towards advanced digital transformation change by giving a scope of answers for the transaction lifecycle. Man-made consciousness (AI) and Blockchain technologies are being embedded all through the solutions, which are likewise accessible in an assortment of deployment models.

Remarking on the association, Chuks Onyebuchi, CEO, Union Systems stated: "The partnership with SmartStream to convey its suite of Transaction Lifecycle Management (TLM) answers for the area supplements our current product offereing. We are especially amped up for SmartStream Air, which is a game changer for reconciliations through its utilization of AI".

Guenther Ruf, Director Partners and Alliances, SmartStream, states: "Union Systems is a truly legitimate association in the locale that has the information we require so as to assist manages an banks with fortifying their back-office capacities. SmartStream's TLM arrangements builds automation levels to assist drive with increasing STP rates, cutting down the overall cost of preparing, while simultaneously improving customer service through the decrease of mistakes, and furthermore ensuring and upgrading an firms reputation".