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SmartStream Partners with DTCC to Offer Seamless Integration of DTCC’s Global Corporate Actions Validation Service

LONDON and NEW YORK - July 23, 2012 - SmartStream Technologies, the financial transaction lifecycle management specialist and DTCC Solutions LLC (DTCC Solutions), a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC) announced today a strategic partnership that enables mutual customers to seamlessly integrate DTCC Solutions' Global Corporate Actions Validation Service (GCA VS) into SmartStream's multi award winning corporate event processing platform "TLM Corporate Actions".

GCA VS tracks, validates and distributes corporate actions information on more than 2.5 million securities globally in 200 countries.

The GCA VS corporate action data service has been fully tested within the SmartStream Quality Assurance test lab and together these systems provide clients with enhanced processing capabilities within their production environments. A number of existing GCA VS and SmartStream customers are already using the new integrated system.

Combining GCA VS's high quality data, published up to 15 times a day, with the automated processing capabilities of TLM Corporate Actions provides clients with early, validated event notifications that can be broadcast straight through to front office operations. It can also be used to reconcile custodian / broker notifications and process the entire event lifecycle while increasing efficiency and mitigating the risk associated with missing a corporate action event.

In addition to operational efficiencies delivered by TLM Corporate Actions, clients can further benefit from SmartStream Data Management Service to automatically compare GCA VS notifications with events sourced from custodians, brokers or from a client's third-party sources as a managed service.

Philippe Chambadal, CEO at SmartStream Technologies said: "We are very happy to have entered into this agreement with DTCC Solutions. The combination of our corporate actions solution and DTCC Solution's GCA Validation Service makes this a powerful tool for middle and back offices. The ease of use and accuracy alone will make a real difference in the way financial institutions conduct their corporate actions business and they will see the results of the realized efficiencies almost immediately."

"Heightened efficiency, timeliness and quality of information are some of the key benefits that come with these combined service offerings of DTCC Solutions and SmartStream Technologies," said Dan Thieke DTCC Vice President, Product Management. "Together with our partners, we will continue to work to provide an end-to-end processing solution for corporate actions."


About SmartStream Technologies Ltd. (www.smartstream-stp.com)
Founded in 2000, SmartStream Technologies Ltd. is a global software and managed services provider that in challenging markets conditions has outpaced its rivals in the financial markets sector, creating an impressive base of more than 1,500 customers. This includes more than 70 of the world's top 100 banks alongside the world's leading asset managers, custodians and broker dealers.

About DTCC
Through multiple operating facilities and data centres around the world, DTCC and its subsidiary companies automate, centralise, and standardise the processing of financial transactions for thousands of institutions worldwide. With almost 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry, simplifying the complexities of clearance, settlement, asset servicing, global data management and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, derivatives, money market instruments, syndicated loans, mutual funds, alternative investment products, and insurance transactions. In 2011, DTCC processed securities transactions valued at approximately US$1.7 quadrillion. Its depository provides custody and asset servicing for securities issues from 122 countries and territories valued at US$39.5 trillion. DTCC's global OTC derivatives trade repositories record more than US$500 trillion in gross notional value of transactions made worldwide across multiple asset classes. For more information, visit www.dtcc.com.

DTCC Solutions LLC is a New York limited liability company and wholly owned subsidiary of The Depository Trust & Clearing Corporation. The GCA Validation Service is a service offering of DTCC Solutions LLC.

For additional information, contact:
Mark Roth
SmartStream Technologies Ltd.
(212) 763-6509
[email protected]

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