Financial Services "Way Behind" Other Industries on STP
MIDDLEWARE AND STP
LONDON --The financial services industry is leagues behind other industries in the quest for straight through processing and is not prepared for T+1. That was the consensus at a recent industry seminar: "Straight Talking--Preparing for Global Straight Through Processing," hosted by Candle.
Graeme Austin, managing director of STP Information Services, says, "Even Easyjet processes things better than financial services, which are way behind the curve on STP compared with other industries."
Austin
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