Jyske Bank Automates Corporate Actions With SmartStream
Jyske Bank has implemented the Transaction Lifecycle Management (TLM) Corporate Actions service from software provider SmartStream Technologies to avoid the errors and risks associated with the firm's previous manual approach.
Alan Jones, SmartStream's London-based product manager of TLM Corporate Actions, says the Danish bank had previously managed corporate actions in a "manually intensive, paper-based" process, which created the possibility of missing election deadline dates and corporate
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