SmartStream launches trade confirmations module


LONDON -- In early January Software provider SmartStream Technologies launched an electronic trade confirmations module (ETC) that will notify users of a trade execution and enable them to follow a deal through the settlement cycle.

SmartSteam said ETC is seen as the cornerstone to achieving straight-through processing (STP) of financial and investment market trades. Smartstream ETC was developed with a leading European bank, and enabled the bank to increase STP rates and thereby reduce settl

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