LONDON--(BUSINESS WIRE)--SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced the appointment of Marcus von Rahden to manage the increased demand in Germany for their back office processing solutions and data management services.
The office in Frankfurt will be run by new hire, Marcus von Rahden, who has over 20 years of experience in financial services. He will be acting Director and responsible for all operations in the region. Prior to joining SmartStream Marcus worked at Moody's Analytics and was responsible for their regulatory compliance solutions to address Solvency II and Basel III. Previous to this he worked for several financial software vendor organisations.
Marcus von Rahden, Director, SmartStream Technologies states: “I am looking forward to working with SmartStream at their new offices in Frankfurt. At SmartStream we have realised the value of what has been built over a long period of time and I'm looking forward to developing the services and utilities business and to continue with our strong investment plans."
The new team in Frankfurt will be working closely with the product development teams in Austria and the UK, as well as the head office in London. They will be servicing the existing Corona and TLM client base in Germany as well as new customers.
About SmartStream Technologies
SmartStream provides Transaction Lifecycle Management (TLM®) solutions and Managed Services to dramatically transform the middle and back-office operations for 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, Cash & Liquidity Management and Compliance Solutions. Used independently or as a suite of solutions and services, clients’ gain a lower cost-per-transaction while reducing operational risk, aiding compliance while improving customer service levels.
For more information about SmartStream visit: www.smartstream-stp.com