SmartStream Technologies hire the new Head of Sales, Managed Services

By Joy Dumasia

SmartStream Technologies, the financial Transaction Lifecycle Management, solutions provider announced the appointment of Mark Morris as Head of Sales, Managed Services.

Mark Morris will deliver technology and operational expertise across functions, including reconciliations, corporate actions, collateral management, cash and liquidity management, fees and expense management, and reference data.

Mark has over 30 years of industry experience and has held Managing Director roles within several investment banks, including NatWest Markets, Nomura and Commerzbank. Before joining SmartStream, Mark was at JDX Consulting, working within EMEA on various transaction lifecycle projects and helped drive clients through regulatory change. Previous to this, Mark was at TORI Global Management Consultants and was involved in cyber-related projects.

SmartStream is a financial transaction management solution that enables firms to improve operational control, reduce costs, build new revenue streams, mitigate risk and comply accurately with the regulators.

Mark Morris, Head of Sales, Managed Services, SmartStream, says: “In recent months, we have seen an increase in growth for the adoption of cloud-based and managed services, including delivered solutions. SmartStream is seen as a trusted partner in the marketplace, providing a complete solution with defined outcomes – I have been impressed by their level of service and customer interest. I decided to join a company with reputable products and a great team.”

Nick Smith, EVP Managed Services, SmartStream, said: “There is a huge interest in SmartStream’s Managed Services and client appetite and interest is at an all-time high. We needed an expert like Mark who has the in-depth industry knowledge and can serve our clients well in meeting operational excellence. I am delighted to welcome Mark onto the team, and I’m sure his expertise will help us to continue serving our clients in this demanding area of the market.”

IBS Intelligence recently reported that SmartStream Technologies, the financial Transaction Lifecycle Management solutions provider, announced its partnership with Acadia, the leading industry provider of integrated risk management and margin automation services for the derivatives community.