Final Destination: STP


By Samara Zwanger

There are more and more routes to STP. Now vendors are vying to provide a central messaging platform that they hope will ultimately evolve into the industry’s financial extranet.

For the last few years, firms have been working to achieve some degree of straight through processing within the confines of their own four walls. Now they are taking the next step, hooking up to third-party networks that connect them to processing utilities, exchanges, clients and counterparties.


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