STP runs into the Red Queen effect

Headline: STP runs into the Red Queen effectSource: EuromoneyDate: October 2001Author: Jonathan Brown When markets were at dizzy heights and volumes were burgeoning the rapid implementation of straight-through processing looked to be a necessity. Now, though, developers and potential customers are taking a more sober view, not least because some markets don’t yet seem ready […]

Headline: STP runs into the Red Queen effect
Source: Euromoney
Date: October 2001
Author: Jonathan Brown

When markets were at dizzy heights and volumes were burgeoning the rapid implementation of straight-through processing looked to be a necessity. Now, though, developers and potential customers are taking a more sober view, not least because some markets don’t yet seem ready for T+1 settlement.

       
Not so long ago, straight-through processing (STP) was a hot topic in the financial services industry.






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