Editor’s Letter


Return to Reality

By Renee Wijnen

Just six months ago, straight through processing’s star burned so brightly that any vendors with even a tangential connection to it sought to affix its label to their products.

This week, I received an e-mail containing the following sentence: "The systems and business re-engineering that need to happen in order for firms to see cost and risk reduction near term will, with the same dollar, bring them closer to a real-time processing environment without ever using

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