Since the SIA indefinitely postponed the T+1 implementation date in the US midway through last year, straight-through processing (STP) has gone off the radar at many buy-side firms. This, argues TowerGroup’s Tim Lind, is not altogether a bad thing. By Stewart Eisenhart.
Despite their best intentions, the STP’s advocates’ argument that automation of trade processing is vital to buy-side interests has failed to convince asset managers to step up their efforts. So argues a new TowerGroup report
Bloomberg's Gerard Francis comes on the podcast to talk about how data fragmentation issues are becoming more challenging.Subscribe to Weekly Wrap emails