Corona

Corona is the SmartStream’s transaction reconciliation solution developed for banks and  other financial institutions of any size. With Corona, banks can control transactions from the beginning to their clossing  and increase operational control and efficiency, whilst facilitating the management of risk and liquidity.

Corona is fully integrated product providing complete transaction management control.

Corona allows access to all the functions through the user-friendly graficall Windows interface.

 All applications of Corona can run in one database instance and share static and transaction data.

Fast implementation, fast return of investments

Implementation of particular Corona modules to your company enviroment is a matter of days. You can use the full power of Corona  from the first day. There is no need of consecutive  implementation, Corona  is ready immediately after the installation.

Investment efficiency

Corona  brings complex functionality with a favorable rate price/power. You can buy modules  separately or in any combination. You do not have to pay for modules you do not need.

Corona Cash

Modul Corona Cash processes Nostro and internal account items. The extraordinarily high matching rate is derived from flexible, user-defined matching conditions.

Corona Intra-day

For liquidity control, cash management and risk control, SmartStream developed modul Corona  Intra-day. Intra-day reconciliation allows banks to identify potential problems as early as possible and thus reduce the risk involved. Intra-day reconciliation involves the matching of various payment messages, such as the matching of credit/debit confirmations against customer transfers, the matching of bank-to-bank transfer messages against confirmations of debit and payment advices against confirmations of credit.

Corona Confirmations

With Corona you will get the system for confirmation reconciliation with reach functionality – Corona Confirmations. This software handles all the relevant SWIFT messages including broker confirmations (3-way matching) in real time.

As a part of reconciliation solution Corona, the system Corona Securities solves the problem of reconciliation of settlement instructions and confirmations, statements of holding and statements of transactions. Corona Securities reduces the risk involved in settlement processing while at the same time maximizing efficiency at your bank.

Integrated part of Corona – Corona Investigations – offers fully automated processing of exceptions identified during the reconciliation process. This significantly boosts Straight Through Processing (STP) and reduces risk exposure.

CORONA Active is a system-wide monitor that works with the Corona modules to track transactions as they pass through their lifecycles and alerts users in real time to issues that require attention. This solution promotes tighter control of risk exposure and operational procedures.

Realising the need of financial institutions for fast and easily accessible transaction processing and taking into account the benefits of web technology, SmartStream Technologies has developed a web version of CORONA - TLMCORONA. By using the latest technology, SmartStream Technologies provide the secure, web access to the full functionality of the Corona product range.

Corona Generic complements the Corona reconciliation products and while it is recommended to use the specific modules for productised reconciliation, Corona Generic can be applied to manage all other reconciliation requirements.

SmartStream Technologies supplies a client/server version of CORONA for the mainframe as a response to requests from huge mainframe user base. CORONA Client Mainframe supports a relational database as well as critical system processes on the mainframe, thus enabling extreme volume processing and offering mainframe customers a Grafical User Interface and the superior functionality of an integrated product.

In recognition of our compatibility with S.W.I.F.T standards, products and services, SmartStreams‘s reconciliation modules have been awarded SWIFT Ready Gold labels.