In a statement, the company said TLM Collateral Management has extended the rich functionality of its Public API to include collateral movements notifications. “The technology has been designed to provide collateral movement and settlement views for the early indication of collateral fails. Other functionality includes, but are not limited to, workflow automation and agreement uploads,” they said.

Analysts say SmartStream’s Public API provides a flexible approach to enhance the deployment and integration of the TLM Collateral Management platform to rapidly build nuanced functional extensions and integration with other applications as well as its clients’ own internal systems.

“Expectations have evolved, and our clients now want to find new ways to reduce cost and maintenance by offering their developers programming opportunities for richer integration into their business processes,” said Jason Ang, Program Manager, TLM Collateral Management, explaining the need for more accessible technologies, “I’m confident that we have a well-versioned Public API which meets our clients’ requirements, whilst mitigating the risk of the upgrade process on SmartStream’s TLM Collateral Management platform,” Ang added.