Mark Morris, head of sales for managed services at SmartStream Technologies, discusses the demand gap for managed services, how SmartStream distinguishes itself from similar providers in the industry, and how it works to merge the dots between all on-demand solutions.
There is little doubt that the popularity of managed services has grown since the beginning of the Covid-19 pandemic in the first quarter of 2020. How ready is SmartStream to respond to the increasing number of questions from new and existing customers who are also trying new or additional services from the business? Why is it such a regular business from a SmartStream standpoint?
Mark Morris: I wouldn’t call last year’s variety — and certainly not the early part of last year in Q1 — normal. I think the Covid-19 pandemic hit financial services particularly hard, and I’m much in the sick alert for the extensive long-distance work requirements and impact that will have on some aspects of the trade life cycle, whether in captive organizations or over managed service providers. It really hurt them and caused them to start searching to see who had established processing skills when the pandemic emerged. Smartstream has multisite capability and 24/5 access after the sun, which is one of the things that puts us in a good position. We are such regular business throughout the last year, even in Q1.
SmartStream is not the only managed service provider in the financial services industry. What factors differentiate SmartStream apart from the same providers in that space?
Mark Morris: When financial institutions originally set up their own prisoners or managed service functions, they usually did a “lift and shift”. They do not submit the process to the recipient (outsourcing provider) with any idea to generate profit / savings and inherit advanced technology that is supported by subject matter experts within the domain. With us, they accept all of that. If they are looking for a fully managed service, they hire experts in conciliation, for example, who understand very well SmartStream TLM and our Corona solution, and we immediately start looking at [its] operations every day to understand how we can drive efficiency, the same benefits cost.
We already believe in providing services and we produce key performance indicator packs for our clients where they can review how we and they have performed. Also, with the emergence of many cyber issues that we saw over the past 18-24 months, we offer best class security and all regulatory accreditations that fit with external audits, which are all key aspects for our managed services business.
Where do you find the abundance of demand from now on in terms of the types of capital market companies that seek the support of managed services, and in particular the management services that they seek to consume?
Mark Morris: A lot of our demand starts with a technology role or CIO in a company that can be burdened with expensive datacenters and old kits, and they want to dive a thumbs into the service space that is requested or managed by moving technology functions to us in the cloud. That’s an easy reason for us to do and there are some projects that we have submitted over the past year. In terms of the types of financial institutions that we talk about, they vary tier-one, level two and level-three banks, and broker dealers to several side-by-side companies and insurance companies. In some cases, clients want to go directly to a fully managed service where we run not only the technology but [business processes] throughout the day for them as well. For example, we can finally run the entire risk cycle.
What has SmartStream got from a service standpoint that is managed for years ahead, especially considering the range of middle and back office platforms that sit in its product portfolio? Are there any special concerns that your customers need to know about?
Mark Morris: What we’re looking for — and we’ve started this with two key clients — is to build more collaborative and structured collaborations with more spatial awareness of the entire gamut of what we can provide across multiple SmartStream components versus whatever customer needs.
Seug is usually like this: we do conciliation on demand for clients, which means they get a cleaner cash break, which in turn means they can use our cash management solutions for better forecasts, stress testing and more accurate intraday liquidity management. If they have clean stock — which for sure we can supply demand through machine learning, artificial intelligence and our subject matter experts — that gives cleaner stock records, which means cleaner corporate action and dividends and coupon management, and next year, by presence Central Depository Regulation, there will be a number of security that fail. That’s how we work on merging the dots between our reconciliation solutions, cash management solutions, corporate action solutions and our guarantee management solutions.
How much does a bottle of Smartwater cost?
| kind | measure | price |
|---|---|---|
| Water is smart | 20 oz | $ 2.19 |
| Water is smart | 23.7 oz. (700mL) | $ 2.37 |
| Water is smart | 1L | $ 2.77 |
| Water is smart | 1.5L | $ 3.19 |
How much does smart water sell? Coca-Cola bought Glaceau for $ 4. This may interest you : How Managed IT Services Help With Business Formation?.1 billion.
Are smart water bottles worth it?
The most advanced smart water bottles on the market help you to stay in your hydration match. To see also : Spending on Managed Services, Especially Security, To Inch Up in 2022. It’s worth every penny thanks to smart features such as hydration tracking, Bluetooth synchronization, futuristic construction, and fitness monitoring.
Do smart water bottles work?
Most Smart Water Bottles use several types of software that allow your bottle to connect to phone applications. … But having the ability to take more advanced data from your Smart Water Bottle to pair with your fitness app or tracker is a better option for many people. They provide a more accurate picture of the water intake throughout the day.
How many smart water bottles should I drink a day?
Although this is the subject of some medical debate, a good goal to increase your daily water intake is to aim for eight, 8-ounce glasses per day. Other medical experts recommend drinking at least half of your body weight in ounces of water per day.
Is Smart Water Reverse Osmosis?
Reverse Osmosis is a water treatment technology that is best known for its use in drinking water purification. See the article : Colocation Managed Services: Pros and Cons for Providers. It is possible that you have used reverse osmosis water under the well -known brands Aquafina®, Dasani®, Nestle Pure Life® and Smart Water®.
Why is reverse osmosis water bad for you? RO water that does not contain enough minerals, when consumed, removes minerals from the body. This means that minerals are consumed in food and vitamins are excreted. Less minerals consumed plus more minerals are removed causing serious negative side effects and huge health problems.
Is distilled water reverse osmosis?
Is reverse osmosis water the same as distilled water? Not. Reverse osmosis water is filtered and there are no volatile chemicals. Distilled water is of course purer than basic tap water but reverse osmosis allows the upper arm.
What water is reverse osmosis?
The largest and most important application of reverse osmosis is the separation of pure water from seawater and brackish water; sea water or brackish water is pressed against a membrane surface, causing the transport of salt water across the membrane and the emergence of drinking water that can be drunk from …
What is the difference between reverse osmosis water and distilled water?
Reverse osmosis systems treat water by passing it through multiple stages of filters and RO membranes that shrink the water from any impurities. … Distilled water is purified until only one part per million solids are dissolved. To do this, water is boiled, removing the dirt.
Is bottled water better than reverse osmosis?
Final Thoughts. When you see that reverse osmosis wins in water quality compared to bottled water, it will win in sustainability with no use of disposable plastic compared to packaged water, and costs better than bottled water – its a clear choice.
Is there anything better than reverse osmosis?
High-quality carbon filters are often more effective than low-end reverse osmosis systems. This example is Always Fresh’s filter. They emit 99.99% chlorine. It will eliminate volatile organic compounds and heavy metals.
Is reverse osmosis water the healthiest?
As we have seen, reverse osmosis alone is not the best way to filter water. While the process is very effective for removing harmful contaminants, it is equally effective at removing healthy minerals. As a result, it produces water that is not harmful or helpful. Water is simply dead.
Does reverse osmosis water dehydrate you?
No, really not. According to the World Health Organization, low mineral drinking water (TDS) produced by reverse osmosis or distillation is not suitable for long -term human consumption and in fact, can create negative health effects for those who consume it.
Is reverse osmosis used for drinking water?
Reverse osmosis is most commonly described for its use in the purification of water from seawater, the removal of salts and other effluent materials from water molecules.
What are the disadvantages of RO water?
One of the main disadvantages of RO systems for the earth is that they remove many minerals from the water that are fixed by acidic acids. Also, during the purification process, up to 20 gal of water is poured into the drain for every gallon of filtered water that is produced.
What is the healthiest water brand?
Best Bottled Water To Drink For Health 2021
- Iceland Glacial Natural Science Spring Alkaline Water.
- Vapor Smartwater distills premium water bottles.
- Polish Origin, 100% Natural Spring Water.
- VOSS Still Water – Premium Pure Water.
- Perfect Hydration 9.5+ PH Electrolyte Enhanced Drinking Water.
What is the healthiest water to drink on earth? Naros. Like distilled water, purified water is a good option if your direct water source is contaminated. That said, many countries purify tap water, so you are basically drinking pure water every time you fill a cup from your kitchen sink.
Why is Fiji Water Bad for You?
In 2006, in fact, Fiji Water was found to contain higher levels of arsenic – true, toxic – than local tap water. Meanwhile, 12 percent of Fiji’s residents do not have access to clean, clean drinking water – something that the UN defined in 2010 as a basic human right.
Why is Fiji bottled water bad for you? All this for what? Tap water really doesn’t make sense, and, in most of the United States, it’s not that bad for you. In fact, in 2017, Fiji Water scored lower than tap water in blind taste tests. … In 2006, in fact, Fiji Water was found to contain higher levels of “more, more toxic” arsenic than local tap water.
Is Fiji Water contaminated?
And after conducting basic color metric tests and other water purity tests they found that Fiji Water had high bacterial levels. He also found that Evian was the only other brand that ever had a sample of contaminated water. All other brands of bottled water are tested as clean tap water is filtered.
Is Fiji bottled water healthy?
Considering the mineral content, it is reasonable to state that Fiji Water is beneficial to your health. They not only eliminate your thirst but also contribute to your daily nutrient intake. … Because Fiji Water is free of BPA, it can be considered safe.
Does Fiji water have contaminants?
FIJI water is tested regularly for hundreds of hundreds of organic and inorganic chemicals that are regulated by the FDA. … No contaminants were detected above the FDA limits in our tests, as shown by Table 2 below. There is no violation of FDA Quality Standards.
What is so special about Fiji Water?
What makes Fiji water so different from other bottled water is its source – a protected artesian aquifer in the Fiji Islands. It also has a unique mineral profile that gives the water its soft, smooth taste. to close.
Why is Fiji Water Bad for You?
In 2006, in fact, Fiji Water was found to contain higher levels of “more, more toxic” arsenic than local tap water. Meanwhile, 12 percent of Fiji’s residents do not have access to safe and clean drinking water â € “something that the UN defined in 2010 as a basic human right.
Why is Fiji water so expensive?
Since it comes from Fiji and Fiji alone, it means that water in special bottles was difficult to accept. The cost of getting its water is expensive because this special water only comes from one place. … This means that it comes from an artesian aquifer on one of the islands in Fiji.
Why is Fiji the healthiest water?
These drinks provide a fair amount of minerals, which can be beneficial to your health. Plus, it keeps you hydrated. The main advantage is more significant of contaminants from tap water. … Considering the mineral content, it is reasonable to state that Fiji Water is beneficial to your health.
Does Fiji have the cleanest water?
The population of Fiji is only embarrassed by 850,000 people € “about the same size as Jacksonville, Florida” but only 47 percent of Fiji Islanders, many of whom are poor and live in rural areas, have access to clean drinking water. … That’s equivalent to about 15 percent of Fiji’s drinking water needs.
Why shouldnt you drink Fiji Water?
Despite the presence of FIJI Water, 12% of Fiji’s population does not have access to clean drinking water because the rusty pipes from the water system sources are unreliable. Not only is the ethics of FIJI Water in doubt, but the issue of its carbon footprint and plastic waste is also a problem.
What is so special about smart water?
Smarter water should not only hydrate – it should taste well. Electrolytes are ionized minerals such as potassium, calcium, and magnesium, and the unique blend of electrolytes in smartwater creates a clear taste of fresh, dry and pure.
Why is smart water bad water? Smart water is not bad for you. Although water does not always come from natural ground water or springs, it goes through a powerful cleaning process and is supplemented with minerals and electrolytes.
Why is smart water bad for you?
Removing the Smart Water material from the minerals in the filtration process also causes the water to try to balance. … The plastics that make up water bottles contain harmful chemicals such as bisphenol A that are associated with many health problems, and phthalates that can mimic and disrupt hormones.
What is the healthiest water to drink?
What is the Most Healthy Water to Drink? When sourced and stored safely, spring water is usually the healthiest option. When spring water is tested, and treated minimally, it offers a rich mineral profile that our bodies like a lot.
Is smart water better for you than regular water?
Enhanced smart water does not effectively work with body processes as much as the level of absorption through food. Third, while it is shown that a moderate amount of minerals that are in regular drinking water and are good for you (such as calcium) ”has been added to tap water.
Is smart water really worth it?
So why smart water is good for you? Bottom line: While it may seem like this smart water helps your body stay healthy – the most important thing is to keep your body hydrated and support a healthy fluid intake. Avoiding sodas and enhanced sports drinks is very important to keep your body running smoothly.
What’s so special about Smartwater?
Smarter water doesn’t just need to hydrate – it needs to taste well. Electrolytes are ionized minerals such as potassium, calcium, and magnesium, and the unique blend of electrolytes in smartwater creates a clear taste of fresh, dry and pure.
Is Smartwater good water?
Despite the innovative Plant Bottle technology, the plastic bottles still use a single plastic. It was that we were discouraged to work because of the severe environmental influences. It is ecologically incorrect to drink Smart Water.
What’s the difference between smart water and regular water?
According to most experts there is no difference between bottled water and regular tap water. … To receive “smart water” status, evaporated water removes dirt and minerals naturally. It is then refined with electrolyte and filtered twice.
Is smart water better than regular water?
Enhanced smart water does not effectively work with body processes as much as the level of absorption through food. Third, while it is shown that a moderate amount of minerals that are in regular drinking water and are good for you (such as calcium) ”has been added to tap water.
Is smart water the best?
Because it tastes great, comes from a natural source, and has a lot of electrolytes. For those who like drinks that are refreshing and refreshing when they’re at the gym or off the field, Smart Water Galceau is one of the best bottled waters that you can keep.