Ringkjøbing Landbobank Selects SmartStream for Corporate Actions
The bank will take a customized TLM Corporate Actions product from SmartStream, which includes the reference data, event and election management modules, along with entitlement calculations and posting.
"We are delighted to have been selected by Ringkjøbing Landbobank," says Alan Jones, product manager at SmartStream. "As they continue to experience growth in their customer market, corporate actions processing needs will only become more complex. It then becomes essential to manage and maintain control of operational costs - which is key for any bank in the current environment."
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