Trade Volumes And Move To T+1 Drive Need To Achieve STP, Survey Says

IN THIS ISSUE

LONDON--The move towards shorter settlement times under the SEC’s trade plus one day (T+1) initiative, as well as increasing trade volumes, are driving the need for straight-through-processing systems, according to a survey from PMP Research and Staffware.

The survey conducted across a range of financial institutions, including banks, custodians and investment managers, claims that up to 70% of respondents said their current confirmation and settlement systems were not sufficiently automated

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: