What is STP strategy?

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  • 1 decade ago
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    Straight Through Processing

    Summary:

    What is STP, its’ benefits and strategies to have best solutions? Is the business case for STP still valid and what should be the key elements in an STP strategy? What are the myths surrounding the importance of STP.

    This article takes a look at the subject of STP by attempting to underline its importance, best way forward and in the process, exploding a few of the myths associated with it.

    Introduction

    Straight through processing had been a subject of keen interest in the securities industry over the past few years, and as such received a lot of attention from market players, IT vendors and service providers.

    What it is

    Straight through processing (STP) is the end-to-end automation of the trading processes both within and between buy and sell side institutions. In short, it is a vehicle to real-time stock/ trade processing in Financial Service industry, with a seamless integration of components and processes involved in the trading cycle starting from first request to buy/sell interest ending up to trading settlement and reporting.

  • 1 decade ago

    Straight Through Processing, banking term where a financial transaction is automatically completed without manual intervention.

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