CSFB Sets the Standard

STP SPECIAL REPORT

By Kirk Kjeldsen

Handling the straight through processing efforts for one bank’s equity division is quite an undertaking. Handling the STP efforts for three is another story. At Credit Suisse First Boston, it’s a multimillion-dollar effort affecting thousands of employees.

After acquiring the equities trading business of Barclays de Zoete Wedd (now called Barclays Capital Group) in late 1997 and buying Donaldson, Lufkin & Jenrette late last year, CSFB’s Alex Lyall, managing director and global

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Refinitiv’s PermIDs: Converting needs into opportunity

Refinitiv’s PermID framework was conceived as a proprietary tool to address an internal challenge around identifying objects in the firm’s information model. Once it had proved its worth, it was rolled out to the firm’s clients to significant success.

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