SmartStream Unveils AI-Powered Data Intelligence for Air Platform
Netherlands, Wednesday, 25 September 2024.
SmartStream launches version 9 of its Air platform, introducing advanced data intelligence capabilities. The update features AI-driven modules, Air Data and Air Cash, designed to revolutionize data management across front-to-back office operations, enhancing efficiency and decision-making in financial services.
Advancements in Data Management
SmartStream’s latest release, version 9 of the Air platform, introduces cutting-edge modules, Air Data and Air Cash, both powered by artificial intelligence and machine learning. These advancements aim to streamline and automate complex data management tasks, significantly enhancing operational efficiency. The Air Data module automates time-consuming processes such as cross-checking between different systems, detecting pre-settlement errors, and comparing trade records. This automation not only reduces the manual workload but also improves the accuracy and reliability of data management.
Enhanced Data Quality and Strategic Insights
One of the standout features of the Air Data module is its ability to enhance internal data quality by identifying inconsistencies in static or reference data. This ensures that businesses can rely on accurate data for their operations, reducing the risk of errors and improving overall data governance. Meanwhile, the Air Cash module is designed to handle a wide range of cash reconciliation data, from simple to highly complex cases, with speed and ease. This comprehensive approach to data management transforms data into a strategic asset, enabling companies to gain valuable insights and boost their competitiveness.
Ease of Deployment and Operation
Andreas Burner, the Chief Technology Officer at SmartStream, emphasizes that version 9 of the Air platform offers an intelligent and user-friendly environment. The introduction of a low-code or no-code environment makes it easy for businesses to deploy, operate, and scale the platform according to their needs. This accessibility ensures that even organizations with limited technical expertise can benefit from the advanced capabilities of the Air platform, making it a versatile solution for a wide range of users.
Strategic Positioning in the Financial Sector
Based in London, SmartStream has positioned itself as a leading provider of financial Transaction Lifecycle Management (TLM®) solutions. With the launch of version 9 of the Air platform, the company continues to innovate and lead in the field of data automation and intelligence. The new release is expected to transform how businesses manage their data across front-to-back office operations, providing them with the tools they need to stay competitive in an increasingly data-driven world.
Conclusion
The unveiling of SmartStream’s version 9 of the Air platform marks a significant milestone in the realm of data intelligence and automation. With its AI-driven modules, Air Data and Air Cash, the platform promises to revolutionize data management in the financial sector, enhancing efficiency, accuracy, and strategic decision-making. As businesses increasingly rely on data to drive their operations, SmartStream’s innovations are set to provide them with a robust and reliable solution that can adapt to their evolving needs.