SmartStream Names Nadeem Shamim to Lead Cash & Liquidity Solutions

SmartStream Technologies, a financial software provider, announced this Wednesday that it has appointed Nadeem Shamim to lead its newly-formed cash and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term management solutions globally in response to new UK regulations governing liquidity management for local and foreign branches.

Shamim, who has been with SmartStream since August of 2018, takes on his new role with the company with more than three decades of experience under his belt. He will report to Vincent Kilcoyne, Head of Product Management at the company.

Before his most recent appointment, he held the role of Strategic Advisor – Cash and Liquidity Management until February of this year, according to his LinkedIn profile.

Commenting on his new role, Shamim said: “Banks and other financial institutions are asking themselves some fundamental questions about managing liquidity - the pressure is on in terms of, not only monitoring intraday liquidity but to manage it on a just-in-time basis.

“Our aim is to ensure clients are compliant, as well as, heading in the right direction in terms of technological advances, including AI and machine learning. We have a highly skilled team who can deliver value to our customers”.

Prior to his tenure with the software provider, Shamim has gathered experience across Europe and Asia in a range of areas in finance, from treasury, cash and liquidity management within transaction banking, and treasury consulting.

SmartStream Appoints Former Credit Suisse and Morgan Stanley Professionals to New Team

In addition to his new role, two of his fellow colleagues - former Credit Suisse Business Engineer Paul Randell and Richard Morris who was previously at Morgan Stanley working as the Global Head of Cash Management, will take on the roles of product managers and report to Shamim.

“Nadeem brings with him solid experience of strategic advisory and innovative thinking in bank transformation, treasury Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, FinTech and supply chain financing. I am delighted to have such a strong and committed team with Paul, Richard and Nadeem - we will see great success in the coming future,” added Vincent Kilcoyne, Head of Product Management, SmartStream.