EDS and Seebeyond Announce Buy-Side STP Alliance

STRAIGHT THROUGH PROCESSING

NEW YORK--Information technology consultancy EDS and middleware vendor Seebeyond have launched a service to help buy-side firms achieve straight through processing of securities trades. Texas-based EDS will add California-based Seebeyond's EBI (electronic business integration) suite into its existing STP offering to create a "one-stop shop" for investment management firms that want to automate trading processes. EDS and Seebeyond will provide a range of system integration solutions, from fac