SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced the appointment of Richard Bowler as Chief Financial Officer (CFO), he will be responsible for all aspects of the company’s finances, including treasury, administration and financial strategy.
Richard will be located in London, reporting to SmartStream’s CEO, Haytham Kaddoura and will manage the finance team. Richard has over 20 years of experience in the financial services industry. Most recently he was the CFO of Asset Control; prior to that he worked for the New York Stock Exchange, Technologies Division, as the CFO for Europe and Asia. Earlier in his career Richard has had senior finance roles at BT Global Services, BT Radianz, and Reuters.
Haytham Kaddoura, CEO, SmartStream, states: “I’m pleased to welcome Richard to the executive management team. His many years of experience in the financial services sector adds great depth to our team. At SmartStream we are committed to building excellence at all levels of the organisation, including acquiring the right skill set needed to drive our future growth plans. Richard will be an integral part of the management structure”.
Richard Bowler, CFO, SmartSteam, says: “This is a great opportunity to work with a dedicated team of people, offering a wide array of best-in-class solutions to a strong client base. This is the optimal formula for success”.
SmartStream provides Transaction Lifecycle Management (TLM®) solutions and Managed Services to dramatically transform the middle and back-office operations of financial institutions. Over 1,500 clients, including more than 70 of the World's top 100 banks, 8 of the top 10 asset managers, and 8 of the top 10 custodians rely on SmartStream’s solutions.
SmartStream delivers greater efficiency, automation and control to critical post trade operations including: Reference Data Operations, Trade Process Management, Confirmations and Reconciliation Management, Corporate Actions Processing, Fees and Invoice Management, Collateral Management, Cash & Liquidity Management and Compliance Solutions. Used independently or as a suite of solutions and services, clients gain a lower cost-per-transaction whilst reducing operational risk, aiding compliance and improving customer service levels.