3 options
Straight through processing for financial services : the complete guide / Ayesha Khanna.
- Format:
- Book
- Author/Creator:
- Khanna, Ayesha.
- Series:
- Complete technology guides for financial services.
- Complete technology guides for financial services series
- Language:
- English
- Subjects (All):
- Banks and banking--Securities processing.
- Banks and banking.
- Clearing of securities.
- Financial services industry--Technological innovations.
- Financial services industry.
- Physical Description:
- 1 online resource (265 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Amsterdam ; Boston : Academic Press, c2008.
- Language Note:
- English
- Summary:
- As economic and regulatory pressures drive financial institutions to seek efficiency gains by improving the quality of their trading processes and systems, firms are devoting increasing amounts of capital to maintaining their competitive edge. Straight-Through Processing (STP), which automates every step in the trading system, is the most effective way for firms to remain competitive. According to the Securities Industry Association, the US securities industry will spend 8 billion to implement STP initiatives, and 99% percent of this investment will be made in systems internal to the firm.
- Contents:
- The business case for STP
- The trade lifecycle
- Service-oriented architecture
- Industry standards
- Connectivity
- Data management
- Reconciliation and exception handling
- Regulatory compliance
- Business continuity
- Virtualization and grid computing.
- Notes:
- Description based upon print version of record.
- Includes bibliographical references (p. [233]-237) and index.
- ISBN:
- 1-281-05559-X
- 9786611055592
- 0-08-055484-9
- OCLC:
- 476129174
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.