SmartStream Launches Ninth Version of SmartStream Air with Groundbreaking Air Data and Air Cash Modules

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Innovative AI-Powered Solutions to Revolutionize Financial Data Management

SmartStream, a global leader in financial transaction lifecycle management solutions, has unveiled the ninth version of its acclaimed SmartStream Air platform, introducing two cutting-edge modules—Air Data and Air Cash. These new additions leverage advanced artificial intelligence (AI) and machine learning (ML) technologies to radically transform how businesses manage data across their front-to-back office operations.

Revolutionizing Data Management with AI-Driven Automation

The newly launched Air Data module automates labor-intensive processes such as cross-system data reconciliation, pre-settlement error detection, and trade record comparison. By identifying discrepancies in static or reference data, it significantly enhances internal data quality and accuracy. Meanwhile, the Air Cash module is designed to streamline cash reconciliation across a wide array of cases, from straightforward to highly complex, with unmatched speed and precision.

Advanced Compliance and Scalability for Today’s Dynamic Markets

SmartStream Air is built on the latest SaaS technology, offering firms a highly secure environment that ensures full compliance with key regulations such as DORA and PCI. The platform’s high scalability makes it an ideal solution for businesses dealing with fluctuating data volumes, providing a fast, cost-effective tool for navigating today’s ever-changing financial landscape.

Andreas Burner, Chief Technology Officer at SmartStream, highlights the transformative nature of this release:
“Today’s businesses are inundated with vast amounts of complex and unstructured data, which often hampers their ability to extract crucial operational and commercial insights. Version 9 of SmartStream Air turns this challenge into an opportunity by transforming data into a strategic asset. With the help of AI-driven observational learning, the platform offers intelligent recommendations on how best to extract valuable insights—significantly enhancing a company’s competitiveness.”

Low-Code/No-Code for Seamless Deployment

A key feature of the new version is the introduction of a low-code/no-code environment, enabling users to deploy, operate, and scale the platform with ease. This functionality allows businesses to quickly adapt to changing needs without requiring extensive technical expertise.

A Commitment to Ongoing Innovation and Customer Success

SmartStream remains dedicated to supporting its existing customer base while continually advancing its comprehensive portfolio of solutions. The release of SmartStream Air Version 9 underscores the company’s commitment to driving innovation and delivering tools that empower businesses to unlock the full potential of their data.

This new version is now available globally, continuing to solidify SmartStream’s reputation as a leading force in financial data management solutions.

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