Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Elon Musk becomes world’s first trillionaire after SpaceX mega float

      Elon Musk speaking at a tech conference, wearing a suit, with a futuristic backdrop highlighting space exploration themes

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Adidas, Burberry and so much Beckham: The six best 2026 World Cup ad campaigns

      A screenshot capturing a significant moment from a news broadcast on June 11, 2026, at 12:17 PM, highlighting key details.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      The best places to eat sandwiches in Lisbon, from bifanas to pregos

      Bifana do Afonsos famous bifana sandwich showcasing tender pork in a freshly baked roll with savory sauce.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Tuesday 02 June 2026 9:03 am

Smartstream Launches Smart Agents for Back-Office Operations, Proven Across Tier 1 Pilots

By: Business Wire

Add as a preferred source on Google

Smartstream, a trusted data solutions provider for leading global financial institutions and enterprises, today announced the availability of Smart Agents, its agentic AI solution designed for bank operations. Proven in Tier 1 pilot deployments and natively integrated with Smart Reconciliations, it can be deployed immediately without changes to client infrastructure and is purpose built for regulated environments.

Financial institutions dedicate up to 70% of operational effort to exception workflows fragmented across disconnected systems. Smart Agents transforms this dynamic: instead of analysts going to the data, the data comes to them, surfacing only the workflow steps that require human action, while everything else is handled autonomously end-to-end. This includes counterparty and internal communications that eliminate the manual effort consuming significant operational time.

Thomas Steinborn, Chief Product and Technology Officer, Smartstream, commented: “The Pilot results demonstrate a 97% reduction in investigation time per exception, from 14 minutes manually to 30 seconds, which proved what the industry needed to see. Autonomous back-office operations are not a future ambition, they are a present reality. What makes Smart Agents unique is the combination of two knowledge sources no generic AI can match: the institutional knowledge our clients have built within their own operations, and the deep domain expertise Smartstream has developed in financial services. The intelligence only compounds over time.”

“Leading institutions are projecting 50–70% automation in year one. Every action is fully logged for audit and regulatory compliance, and configurable human-in-the-loop approvals ensure analysts remain in command of higher-risk decisions. As Smart Agents executes workflows, it continuously observes and learns from user decisions, automatically enhancing automation over time. The result is a back office where operational knowledge accumulated over years is preserved and compounded rather than lost to attrition, getting smarter, faster, and more resilient with every passing day,” he concluded.

Janey Speed, Analyst, Celent, commented: “Agentic AI is starting to move on from a theoretical concept to a measurable operational reality in banking back offices. Our research highlights that financial institutions are under pressure to automate exception-heavy workflows for reconciliations, cash breaks, settlement investigations, and where manual processes are costly and error-prone. The institutions making the most progress are those deploying purpose-built solutions that preserve audit integrity and ensure human oversight is embedded in the workflow. Agentic technology is very much here, and its adoption is only going to accelerate.”

Available in both assistive and autonomous operating modes, Smart Agents gives institutions the flexibility to apply the right level of automation for each workflow. Every action is explainable step-by-step, with complete data privacy, enabling firms to scale AI adoption with confidence and in full compliance with internal governance requirements.

ABOUT SMARTSTREAM

Smartstream unlocks trusted, intelligent data insights – clearly, consistently, and without compromise.

smart.stream

Smartstream Smart Agents interface showing reduction in back-office investigation time and automation insights

View source version on businesswire.com: https://www.businesswire.com/news/home/20260602888022/en/

Contact

Shamira Alidina
Media Relations Director
Dina Communications
Email: [email protected]

Nathan Gee
Global Head of Marketing
Smartstream
Email: [email protected]

Abstract

Smartstream launches Smart Agents for back-office operations, proven across Tier 1 pilots

Read more

National Bank of Greece in Cyprus Goes Live With Smartstream’s Air to Consolidate Reconciliations

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Businesswire

Categories

  • Product/Service

Trending Articles

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • Inflation expectations at record high in interest rates signal

  • London Tech Week sums up everything wrong with UK tech

  • KPMG report on AI found riddled with AI hallucinations

  • UK economy falters as deeper damage to growth to come

More from CityAM

  • National Bank of Greece in Cyprus Goes Live With Smartstream’s Air to Consolidate Reconciliations

    Business Wire
  • Comrade Trustee Services goes live with Smartstream’s Air, the AI reconciliation and data automation solution

    Business Wire
  • Arcesium Launches Comprehensive AI Platform to Operationalize Agentic AI for Institutional Investment

    Business Wire
  • Kraken Launches Autonomous Agents for Utility Customer Service Built in Partnership with Sierra

    Business Wire
  • RS2 Expands Latin America Footprint Through Major Long-Term Processing Agreement

    Business Wire
  • Nitro Launches Nitro Automate, Integrating Intelligent Document Automation Into Any Workflow, System, and AI Agent

    Business Wire
  • Netmore Announces Strategic Collaboration with Green Frog Asset Management and Sensational Systems to Deliver Smart Gas Metering Solution

    Business Wire
  • motif Launches Clarity, a First-of-Its-Kind AI Financial Intelligence System

    Business Wire
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited