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April 13, 2007 Volume VII, Issue VIII |
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FINANCIAL INSTITUTIONS
Software & Services eBriefing |
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Minimize the Risk of Straight Thru Processing
 True Straight Thru Processing (STP) allows for the execution of the trade ticket process in its entirety without the need for manual intervention. This is fine in a perfect error free environment but how does one electronically control the trading process that gives us faulty, incomplete, unauthorized or duplicate transactions? With TradeDesk Workflow, the system management of trade execution, monitoring and maintenance is made easy. TradeDesk Workflow takes the "work" out of workflow.
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Axe the Fax
 An apt term for eliminating faxed trades and getting closer to fully automated trade settlement. Although the term was recently used by one of the large custodian banks, its clear that all of the counterparties – from manager to broker to custodian to clearing corporations – need to adhere to this mantra. How close are we as an industry at straight thru processing (STP)? Considerable progress has been made in both Canada and the U.S. but still the rates are alarmingly low.
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Outsourcing Reconciliation Has Its Advantages
 Companies are quickly realizing the advantages that reconciliation provides in their everyday business process. Today, reconciliation technology plays a bigger role as a business control system - with automated matching, volume throughput and exception management - that reduces business costs and enterprise-wide operational risk.
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FOR MORE INFORMATION

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CONTACT

Colleen Nelsen
952-857-2701
Email us
PRESS RELEASES

5/28/2013 VIY Management chooses SS&C’s TNR Solution
5/21/2013 SS&C GlobeOp Forward Redemption Indicator: May notifications 3.77%
PRODUCT ALERTS

Recon 6.5 Now Available
Lightning v3.9.09 Now Available
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Congratulations! March 30 Puzzler Solvers:

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Conrad Villanueva, CHSI Corrine Edwards, GSIM LLC Craig Einhorn, Allstate Investment, LLC Diane Lloyd, AXA Equitable Don Allen, SOA/EA Consulting, LLC Eric Tang, Ameritas Life Insurance Corp Ferdinand Wit, VvAA groep bv George Klören, Rabobank International Jean Litchko, Columbian Financial Group Jeffrey P. Ricker, CFA, Dreadnought. Limited Jeffrey Rosen, Seattle Pacific Realty, Inc. Jim Mowery, Transamerica Reinsurance Joe Balsarotti, Software To Go Joe Lally, UBS Joseph Dudajek, AXA Josh Grzadzielewski, State Bank of Arcadia Kevin Davis, Global Brokerage Corporation Kevin Strutz, Acuity Kishor M. Parekh, CGFM, Abaca Advisory Company Kristin Peura, Great Eastern Management L K Havanur, Canara Bank Louie Escamilla, Frankenmuth Insurance
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Mark Evans, AEGON USA Mark Webb, National Development Michael Germansky, Douglas Emmett Nate Eckloff, RBC Capital Markets Richard Leiser-Banks, Triangle Actuarial Services Rob Kugler, Archer & Greiner, PC Robert Polansky, General Mills Robert V. Gordon, CPA, JD, RVG Consulting Services, LLC Roger Hallquist, Transamerica Life Roger Mowrey, CSC Rosemarie Ottomanelli, AVID LLC Sandie Crago, The Richard E Jacobs Group Sherree Wisel, CNA Stephen A. Edwards, Kilpatrick Townsend & Stockton LLP Steve Kirkpatrick, Centra Partners, LLC Sue McCluskey, RBC Capital Markets Suresh Kumar, Canara Bank Tara Uebelhor Bayse, OneAmerica Teresa Wu Scott, Thomson Reuters William F. Gibson, Al Rajhi Capital
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