Results for STP

Web Services on Wall Street -- Inside STP

Straight-through Processing (STP) is set to revolutionize application development in the financial industry by providing developers a solution that automates the end-to-end processing of transactions for all financial instruments from initiation to resolution. In this feature, Gunjan Samtani, a divisional VP for Information Technology at UBS PaineWebber, describes how STP in combination with a web services approach will streamline back-office activities, leading to reduced failures, lower risks, and significantly lower costs per transaction.

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