SmartStream Technologies, the Transaction Lifecycle Management specialist, today announced its participation at MEFX, the first Middle East International Banking, Financial Technology and Services Exhibition and Conference being held in Dubai from the 1st -3rd of June.
SmartStream is presenting its full range of industry-leading TLM solutions, including TLM Corona and TLM Cash Management from the Dubai International Financial Centre (DIFC) stand. SmartStream will demonstrate how automation of previously manual and error-prone processes within banks, asset managers, broker dealers, custodians, insurers and corporations can drive down operational risk and cost.
Nasser Al Shaali, CEO of the DIFC Authority said: "As a leading developer of software and technology for the financial services industry, SmartStream has firmly established itself as a key provider of essential, industry-proven processing software that create more efficient, customer focused, cost-effective operations. As the region's financial industry continues to grow, so too does the demand for IT innovation and the DIFC is delighted that SmartStream will be exhibiting its range of solutions from the DIFC stand at MEFX."
A trade-only event, MEFX showcases technology, banking products, high-net worth financial management and business process outsourcing solutions, designed to meet the growing needs of the rapidly expanding regional banking and finance industry.
Pritesh Kotecha, Sales Director for SmartStream in the Middle East, commented: "By establishing a presence at MEFX, SmartStream will demonstrate first-hand the value TLM can bring to institutions in the fast growing and strategically important Middle Eastern market. We can show key decision makers how TLM delivers unparalleled visibility and control to the lifecycle of any transaction across the middle and back office, and how this can create more proactive, efficient and cost-effective operations."
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About SmartStream Technologies
SmartStream Technologies provides industry-leading Transaction Lifecycle Management (TLM®) solutions that automate complex and scalable process flows to track and control financial transactions.
1,000 clients, including more than 75 of the world's top 100 banks, rely on SmartStream's solutions to reduce operational risk and cost while addressing regulation and improving customer service.
For more information about SmartStream, our products and solutions visit: www.smartstream-stp.com
About the DIFC
Website: www.difc.ae
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centres of Hong Kong and London and services a region with the largest untapped emerging market for financial services.
In just three years, over 600 firms have registered at the DIFC. They operate in an open environment complemented with world-class regulations and standards. The DIFC offers its member institutions incentives such as 100 per cent foreign ownership, zero tax on income and profits and no restrictions on foreign exchange. In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards.
For further information
Please contact Alastair McGill,
Marketing Director,
SmartStream Technologies
+44 (0)20 7898 0605
email: alastair.mcgill@smartstream-stp.com
Or visit: www.smartstream-stp.com
Belinda Morris,
College Hill
+44 (0) 207 457 2059
belinda.morris@collegehill.com
Media Enquiries:
DIFC:
Amira Abdulla
PR Manager
Dubai International Financial Centre
Tel: +9714 362 2433
E-mail: amira.abdulla@difc.ae
Shaima Al Zarouni
Assistant PR Manager
Dubai International Financial Centre
Tel: +9714 362 2432
E-mail: shaima.alzarouni@difc.ae
Iman Ahmad
Regional Media Relations Manager
Dubai International Financial Centre
Tel: +9714 362 2685
E-mail: iman.ahmed@difc.ae
© Press Release 2008
