GSTPA: Rumors of its Demise Appear to Have Been Greatly Exaggerated

SPECIAL REPORT

LONDON--The Global Straight Through Processing Association (GSTPA) announced the vendor alliance selected to develop the global straight through processing (STP) solution last week, finally quashing persistent rumors that the association was falling apart.

The vendor alliance, called Axion4, is comprised of SIS Sega Intersettle AG, the Swiss clearing and settlement organisation, Swift, the global communication provider to financial institutions and Teknosoft/Tata Consulting (TKS/TCS), a Swiss IT

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