Random Walk: Give the Sales Trader STP Capabilities
OPEN PLATFORM
By Joel Scotkin, co-founder and CEO of Random Walk Computing, a financial technology consultancy serving Wall Street.
For a while, the concept of straight through processing (STP) was co-opted into the great battles of T+1, until that war was deferred. While the industry struggled with the staggering costs and marginal benefits of improving the settling and clearing cycle, a number of firms were beginning to achieve a much bigger bang-for-the-buck by focusing their attention on automating the
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