SmartStream enter B.I.S.S. 2007 Corporate Actions Benchmarking

London, UK - 9 February 2007

B.I.S.S. Research, the exclusive research company offering a unique benchmarking of services and systems in the financial services sector, today announced that SmartStream Technologies has entered their Corporate Actions system into the 2007 B.I.S.S. Benchmarking.

Gary Wright, C.E.O., B.I.S.S. Research and creator of the unique B.I.S.S. Benchmarking process said “We are pleased to welcome SmartStream into B.I.S.S. 2007 Corporate Actions benchmarking. SmartStream joined the very short list of major corporate actions vendors last year and have been making huge strides in the development of their corporate actions solution. This was proved without doubt in last years report. SmartStream’s entry into the B.I.S.S. benchmarking is a testimony to the confidence they have in their TLM Corporate Actions system to achieve the B.I.S.S. Accreditation. The system will once again be vigorously tested by the benchmarking process and must prove to the industry panel the capability of its functionality in supporting corporate actions in all market sectors.”

Steve Miller, Senior Product Manager, SmartStream said “The B.I.S.S Benchmark is an important industry assessment that provides independent validation of our ability to address the market’s evolving needs. Last year’s assessment recognised the innovative approach SmartStream has taken to delivering a solution that can truly transform the corporate actions processing environment for Broker Dealers, Custodians and Asset Managers. We look forward to this year’s assessment recognising the developments we’ve made in enabling Corporate Actions departments to improve customer service and deliver real risk management.”

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