Buy Side Must Spend to Achieve STP


BOSTON--Portfolio management and order management systems will play in key roles in buy-side firms’ STP strategies, according to new studies from Celent Communications and Meridien Research.

The reports estimate that firms will spend billions of dollars over the next few years on new portfolio management and order management systems, even as IT budgets tighten. This is spurred by the search for efficient business responses to hostile market conditions and in pursuit of STP in the run-up to T+1

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