FOTEK Corona Manual (EN)

A m e r i c a A u s t r a l i a A u s t r i a B e n e l u x F r a n c e G e r m a n y I n d i a SmartStream Technologies Mission To eliminate the barriers to STP through the delivery of integrated, enterprise wide, real time transaction management solutions. SmartStream Technologies is the undisputed market leader in the provision of STP solutions for transaction management. Over 1,100 financial institutions worldwide - including 75 of the top 100 banks – use its reconciliation and exception management solutions.

By delivering state of the art software and implementation, and global 24x7 support services, SmartStream Technologies is uniquely positioned to provide institutions with increased efficiencies and reduced operational risk. SmartStream Technologies The undisputed leader in reconciliations and exception management solutions, with a market share well over twice the size of any rival. One of the top ten largest, private software companies in Europe. Investing more in product development than the competition combined. The fastest growing STP solutions provider.

Backed by a 24x7 global infrastructure for service and support with offices in all of the major financial centres including London, New York, Singapore and Australia. “Corona forms a fundamental component of our STP strategy …we chose to partner with SmartStream Technologies due to its proven Best of Breed technology.” Jean Claude Schneider, CIO Directeur Adjoint Mirabaud Privat Bank For further information, please visit: www.smartstream-stp.com

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I t a l y S i n g a p o r e S p a i n • S w i t z e r l a n d U K Corona from SmartStream Technologies The most widely installed solution for multi-product reconciliations and exception management in the world. SmartStream's Corona solution has been at the forefront of transaction management throughout the past 30 years and SmartStream continues to utilise its expertise and the latest technology to develop new modules to the Corona range that meet the changing market demands. Corona is a comprehensive, modular solution for institutions wishing to improve their operational efficiency through enhanced transaction and exception management.

The Corona modules are SWIFTReady Gold accredited and have been architected to increase Straight Through Processing. Corona can handle all financial instruments, facilitating the management of risk and liquidity on an enterprise wide basis. Corona is available on multi-platforms, allowing it to meet all transaction processing requirements, irrespective of the size of the financial institution and transaction volumes. Corona Functionality Corona’s strength lies in the integration of its individual modules. This enables firms to maintain complete operational control of a trade throughout its various transactional stages (i.e. cash, securities, FX), all from a single desktop. 1

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A m e r i c a A u s t r a l i a A u s t r i a B e n e l u x F r a n c e G e r m a n y Drivers for Improved Transaction Management A combination of factors are forcing financial institutions to place improved transaction management at the top of the agenda. There is the ever present pressure to realise the cost and efficiency gains inherent in improving Straight Through Processing and eradicating manual intervention. New legislation including Basel II is concurrently placing an increased emphasis on effective risk management. Corona enables exceptions to be resolved pre- as opposed to post-settlement, delivering pro-active risk management to drive down an organisation’s risk exposure.

Corona is modular, fully flexible and highly scalable. It can handle both small and large volumes of data (up to 60,000 transactions per minute). More than 800 financial institutions in over 90 countries worldwide currently rely on SmartStream's Corona solution to assist them in meeting these challenges. Corona's unbeatable matching functionality delivers match rates in excess of 90%, helping achieve optimum STP rates. Corona has comprehensive functionality for the reconciliation and exception management of all financial transactions, delivering complete transaction management control and optimised risk management.

All Corona modules work with a single integrated database, delivering a single point of access for transaction information and complete audit trails for all transactions. Corona can reconcile transaction data in any format from any source, integrating silo based structures to deliver complete transaction visibility and control. Corona is reliable and proven over a sustained period. Corona is SWIFTReady Gold accredited. 2

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I n d i a I t a l y S i n g a p o r e S p a i n • S w i t z e r l a n d U K Corona - The Ultimate Match Engine Corona operates in a simple and effective way: Corona’s operational infrastructure has been architected as a comprehensive end-to-end processing package that provides companies with the ability to manage and monitor all financial transactions. It gathers the information in real time. Transactions are then processed through the individual modules automatically. However unique the transaction processing requirements, Corona can deliver a solution to help achieve the desired operational efficiency and risk management objectives. Exceptions are identified as they occur.

Pro-active alerting allows exceptions to be managed and resolved as early in the process as possible. Users can specify how long matched data should remain in the active database and when it should be archived for long term storage. The Reconciliations Workflow 3

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