SmartStream Technologies, the financial Transaction Lifecycle Management solutions provider, has entered into a partnership with BRITech S.A, a provider of end-to-end solutions for buy-side firms in Latin America.
As partners, both firms will deploy digital solutions for back-office operations in the investment management ecosystem.
While BRITech offers a series of technology solutions for front-, middle- and back-office operations, SmartStream will fill the gaps in the areas of data reconciliations, reference data and collateral management.
The partnership will initially start with the servicing of financial institutions in Brazil, Argentina and Chile, with plans for further expansion and global initiatives in the year ahead.
BRITech will provide the solution to existing and new customers in the region as a packaged offering.
Guenther Ruf, director of Alliances, SmartStream, states: “This partnership is a great…