| What
is STP Introduction Straight
Through Processing (STP) is the end-to-end automated processing of transactions
between institutions, from, for example, trade enquiry through to final settlement.
It involves the seamless, electronic transfer of information to all parties involved
in the relevant transaction chain utilizing standardized information flows, technologies
and infrastructures. The
Need for STP The
drive towards STP is attributable to the following factors: - Increasing
Message Volumes
- Regulatory
Pressures
- Increasing
Processing Costs
- Need
to reduce all types of risk
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