STP's Amazing Advantage
Traders Magazine, August 2000
Straight through processing was viewed as an impor tant but expensive luxury just a few years ago. How the pendulum has swung.
Today, most financial institutions regard STP - the uninterrupted flow of data from order entry and execution to clearance and settlement - as a competitive imperative as well as a business requirement. The alternative is high processing costs, unacceptable levels of risk and exposure, as well as lost e-business. Ultimately, it means poorly served clients.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.