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straight through processing |
Also found in: Acronyms, Wikipedia | 0.06 sec. |
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In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. |
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? Mentioned in | ? References in periodicals archive | |
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Errors in post-trade processing are no longer tolerated as the Buy-Side focuses on Straight Through Processing. The promise of straight through processing has long been discussed within the variable annuities industry, and while significant progress has been made, there are several hurdles to overcome before the compliance, operating cost and efficiency benefits of straight through processing are realized," said Mr. This move supports Reuters aims to provide the treasury community with efficient settlement and straight through processing of foreign exchange and money market transactions. |
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