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State Bank of India (Singapore) selects SmartStream for transaction processing.

Asia Africa Intelligence Wire

| July 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Asian Banker Journal)

SmartStream Technologies, the leading Transaction Management STP solutions vendor, is pleased to announce that State Bank of India's Singapore branch has implemented Corona, SmartStream's market leading modular solution for transaction processing. The solution has been deployed to automate the bank's Nostro reconciliation operations.

State Bank of India is India's largest bank with assets of more than US$71 billion and 9,034 domestic branches. The bank has a strong reputation and serves more than 90 million customers worldwide. It is ranked among the top 25 Asian banks in terms of Tier 1 Capital. The Singapore branch is …

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