April 13, 2007
Volume VII, Issue VIII
FINANCIAL INSTITUTIONS
Software & Services eBriefing
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






Congratulations! March 30 Puzzler Solvers:

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
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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