Waters Rankings 2022: Best artificial intelligence (AI) technology provider—SmartStream
Overview
SmartStream’s Affinity, which was launched in collaboration with Tier-1 banks, is an AI observational learning solution designed to meet the technical demands and business agility for operational data management and data quality processes.
“Our latest Affinity solution outperforms matching rates of anything else available on the market today. Client projects have been very successful—they are estimating at least 20% cost savings for their reconciliation business. It is very gratifying that after 12 months of working with clients on our AI solutions, the technology has matured and we are now at a stage to deliver real value.”
Andreas Burner, chief innovation officer, SmartStream
The Solution
Affinity automatically learns how records correlate to one another and can mimic and learn from actions made by a user. In just a few clicks, the AI establishes its own understanding of how records correlate and Affinity will assist the user to significantly reduce the time it takes to carry out the matching of complex datasets. Ultra-fast matching results are delivered to the end-user with high-quality results. New customers can be up and running almost immediately and the solution can transform traditional data verification processes within seconds.
Secret Sauce
According to SmartStream, the technology itself is entirely unique—it is the first and fastest AI data quality application that outperforms matching rates of anything available on the market today.
Recent Milestones
- Increased automation of exception management in the cloud
- Simplified reporting process for attribute-by-attribute matching, allowing clients to check far greater datasets than was possible before
- Affinity can be used to support clients in meeting their regulatory reporting obligations
Future Objectives
- AI and machine learning technologies will continue to be deployed across all of SmartStream’s solutions.
- Managed services and cloud environments will be available globally for all solutions.
- Future releases of Affinity will support limitless data types.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2025 winner’s interview: Maureen Downs (Connamara Technologies)
Video interview with Connamara Technologies co-founder, and winner of the trailblazer vendor category in the 2025 Witad Awards, Maureen Downs
Buy-Side Technology Awards 2024 winner’s interview: FactSet
Video discussion on FactSet’s trio of wins in the 2024 BST Awards
Witad Awards 2025: Vendor professional of the year (business development)—Ripple Bhullar, Kyndryl
Ripple Bhullar, vice president, head of US capital markets and diversified, at Kyndryl, wins vendor professional of the year (business development) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Technology leader of the year (vendor)—Mary Cecola, Broadridge Financial Solutions
Mary Cecola, CTO for asset management at Broadridge Financial Solutions, wins technology leader of the year (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Trailblazer (Lifetime achievement) award (vendor)—Maureen Downs, Connamara Technologies
Maureen Downs, co-founder and chair of Connamara Technologies, wins the Trailblazer (Lifetime achievement) award (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Legal/compliance professional of the year—Devi Shanmugham, Tradeweb
Devi Shanmugham, global head of compliance at Tradeweb, wins legal/compliance professional of the year in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Technology innovator of the year (end-user)—Ruchi Acharya Saraswat, RBC Capital Markets
Ruchi Acharya Saraswat, managing director, head of strategy and transformation, business and client services technology at RBC Capital Markets, wins technology innovator of the year (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Best company for diversity and inclusion (end-user)—BNP Paribas Portugal
BNP Paribas Portugal wins best company for diversity and inclusion (end-user) in the 2025 Women in Technology and Data Awards.