SmartStream – News

Oddo Services Live With SmartStream’s TLM Corona for all Business Process Outsourcing in Switzerland
April 04, 2013
SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that Oddo Services Switzerland, a BPO provider owned by the French bank Oddo & Cie, has selected SmartStream’s TLM Corona product for all its Business Process Outsourcing (BPO) offerings in Switzerland.

SmartStream’s TLM Corona will let Oddo Services Switzerland’s clients perform all of their reconciliations on a single platform, in a fully auditable environment, allowing them to not only increase their operational efficiency but also providing them with greater visibility in terms of risk management.

Olivier Rolland, Chief Executive Officer, Oddo Services says: “We have been impressed by the TLM Corona platform’s robustness and reputation. Moreover, the TLM Corona platform’s architecture will allow us to very easily add new clients as we grow our Swiss BPO platform.”

Emmanuel Lesur, Executive Vice President and Global Head of Sales, SmartStream Technologies says: “We are very enthusiastic that Oddo Services, one of the major Back Office outsourcing provider in the French market selected TLM Corona for its new Swiss business. Our goal is to continue working together as partners to help financial firms in the region solve important issues such as better control of operational risk and enhanced visibility of actual cash balances. This will allow greater efficiencies by enabling the institution to capitalise on current market trends and remain competitive in today’s very challenging global environment.”