Straight-through processing: Is this the end on the buy side?

SPECIAL REPORT: STP

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, A

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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