Using Peer-to-Peer Technology To Overcome Challenges to STP


In a year of downsizing and evaporating IPO volume, buy-side firms continue to focus significant investment in straight through processing technology initiatives. They cannot afford to derail these complex, system-wide upgrades because of a temporary market downturn--the payback in revenue and cost benefits compels timely adoption. Even a cursory survey of our buy-side clients suggests an aggressive emphasis on achieving T+0 settlement in order to gain every competitive advantage possible.