SmartStream’s Innovation Lab moves to a larger workspace for client-led developments
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM® ) solutions provider today announce the expansion of its Innovation Lab, with the recent opening of its new workspace in Mariahilfer Strasse in Vienna, Austria. This doubles the footprint and supports the company’s growth in client innovations – where SmartStream spends a quarter of its revenues on R&D.
SmartStream’s Innovation Lab is a collaboration of highly skilled mathematicians, applied data scientists and IT specialists. The innovation team has partnered with a number of Tier 1 banking customers to investigate the use of AI, machine learning and blockchain. These partnerships assess how advanced technology can be used to re-engineer traditional processes to boost efficiencies, cut costs, and enhance business plans.
Andreas Burner, CIO, SmartStream, states: “It is a logical step in our business growth to move to a larger workspace in Vienna. In addition, it is a city with highly skilled data scientists and experts who provide the necessary skills and support to accommodate our ongoing expansion, and partnerships with our banking clients”.
SmartStream increased its global headcount by eight percent last year and since the start of 2021 it has been recruiting for a further 100 open positions.
About SmartStream Technologies
SmartStream is a recognised leader in financial transaction management solutions that enable firms to improve operational control, reduce costs, build new revenue streams, mitigate risk and comply accurately with the regulators.
By helping its customers through their transformative digital strategies, SmartStream provides a range of solutions for the transaction lifecycle with AI and machine learning technologies embedded - which can be deployed in the cloud or as managed services.
As a result, more than 2,000 clients - including 70 of the world’s top 100 banks, rely on SmartStream Transaction Lifecycle Management (TLM® ) solutions to deliver greater efficiency to their operations.
For more information, visit: www.smartstream-stp.com
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
COTY21.4.2021 10:02:12 CEST | Press release
Coty Lands Industry First With Sustainability Certificate for Lancaster Sun Care Products
WA-AMAZON.COM21.4.2021 09:03:14 CEST | Press release
The Climate Pledge Announces More Than 100 Signatories Committed to Achieving Net-Zero Carbon by 2040 or Sooner
SHIPPEO21.4.2021 09:02:13 CEST | Press release
Shippeo Sustains Stellar Growth, Recognized in 2021 Gartner Magic Quadrant for Real-time Transportation Visibility Platforms
GE21.4.2021 09:02:13 CEST | Press release
GE and Hitachi ABB Power Grids Sign Landmark Agreement to Reduce Environmental Impact in the Electrical Transmission Industry
CA-BEHAVIOSEC21.4.2021 09:02:13 CEST | Press release
Biometrics Experts and New Study Highlight How Behavioral Biometrics Supports Strict Regulation and Offers Better Data Privacy Protections
SES21.4.2021 08:52:12 CEST | Press release
SES Joins United Nations Global Compact Initiative, Accelerates Purpose-led ESG Programme in 2021
HENLEY-&-PARTNERS21.4.2021 07:32:06 CEST | Press release
Australia Flexes Muscle in Talent War with Newest Immigration Program
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom