SunGard Offers STN Settlements For STP Cycle
OPERATIONS AND STP
NEW YORK--SunGard introduced the third leg of its trade life cycle management service, (SunGard Transaction Network) STN Settlements, at the SIA show last week.
STN Settlements is a real-time central interface management service that connects broker/dealers, investment managers, custodians, depositories and clearing institutions for trade reconciliation, clearance and settlement. The system also handles broker trade comparison, net debit/credit by participant, and exception management.
The
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