SmartStream Further Expands Presence in Asia with New Chinese Partner TGT Chibo Data Service. This new agreement will allow TGT Chibo Data Service to initially market SmartStream’s reconciliations solutions to the financial sector in China, including banks, asset managers and third party administrators.
“For the past year, we have received many requests from Chinese banks wanting help in streamlining their back-office operations and maintaining regulatory compliance. The strategic partnership with TGT Chibo Data Service is a natural one which complements our work in the region, we are already working together to play an important role in supporting the local banks. In addition, having a regional partner will enable us to extend our value to the market and to strengthen our position in Asia”, said Mark Taylor, Regional Director Asia Pacific, SmartStream.