Rumors of the GSTPA's Demise Appear to Have Been Greatly Exaggerated

STANDARDS & PROTOCOLS

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

The vendor alliance, called Axion4, consists of SIS Sega Intersettle, the Swiss clearing and settlement organization; Swift, the global communication provider to financial institutions; and Teknosoft/Tata Consulting, a Swiss IT services

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