GSTP Sets Date, Restructures

OPERATIONS AND STP

LONDON--GSTP AG, the operating company of the Global Straight Through Processing Association, has set a launch date for its virtual matching utility, and has announced plans to restructure its operations.

Its VMU, the Transaction Flow Manager, will be launched in September this year, having been developed and tested by GSTP AG and technology partner Axion4gstp, the joint venture between SIS Segaintersettle, TKS-Teknosoft SA/TATA Consultancy Services and Swift.

However, GSTP is to drop Axion4 and

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