"The partnership was founded on a shared recognition that together the firms could offer stronger, end to end solutions to clients that would remove the integration burden from clients and deliver a faster ROI," he continues. The aim of the integration work has therefore been to improve operational risk controls and efficiency across the trade transaction lifecycle, according to the vendors. To this end, SmartStream's reconciliation software is to be embedded into Misys Summit FT and Opics Plus to provide additional transaction matching, exceptions and investigations management to these solutions. The vendor indicates that customers using Misys Opics Plus will benefit from the cash management and nostro reconciliations improvements resulting from the partnership. Larry Mitchell, vice president of solutions management, Treasury & Capital Markets at Misys, adds that the improved management of liquidity and reduced costs will be the primary benefits in the short term.