SmartStream Technologies announced the appointment of TGT Chibo Data Service, a technology services and payment solution provider, as an official distributor partner for China’s mainland market. TGT Chibo will initially market SmartStream’s reconciliations solutions to the financial sector in China, including banks, asset managers and third-party administrators. TGT will provide the local infrastructure and local representation, whilst SmartStream will provide proven post-trade processing technology for the local market. The addition of SmartStream’s solutions will enable TGT Chibo to provide full back-office operational capabilities to the Chinese banking market.