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Building digitalisation into growth
How SmartStream reinvented itself – and stands ready to boost the digital fortunes of financial businesses everywhere
The banking industry is constantly evolving. New technologies are opening up unprecedented opportunities and new players enter markets over which banks once ruled supreme. Factor in a constantly changing regulatory regime, and the remapping of the world’s work and consumption habits after Covid-19, and you have a remarkably fl uid, dynamic and uncertain world.
All of these factors are pushing banks further down the road to digital transformation – and they are under greater pressure than ever to adapt fast. The industry is embracing the cloud as a priority, and is seeking to harness the power AI and ML offer to automate key processes, create agility in the face of change, and scale services in a cost-effi cient way.
To achieve their goals, companies have to combine deep technological expertise, real business insight and, above all, a desire to look ahead to the challenges the future will bring and respond to them with a constant process of innovation. This attitude sums up the capabilities and vision of SmartStream.
In the pages that follow, we will see how the company is set up to innovate, and how it has turned around its fortunes to become a market leader not only in reconciliations, but also a host of other key areas for the fi nancial services industry. At the same time, we’ll explore how SmartStream’s managed services division is fundamentally changing the way banks look at their business model – and how the company is gearing up to help them address the many pressures they face both now and in the future.
28 Ongoing reinvention for client needs
30 Build a bridge to the cloud
32 Imagine the future of financial services
34 Embracing change: Building for the future
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