Nirvana Delayed: Should STP Get a Second Chance?

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John Hawkins from Misys Wholesale Banking Systems’ Financial Messaging group asks whether the realities of straight through processing (STP) will ever live up to the dream.

In terms of the financial technology that supports today’s foreign exchange (FX) and money market (MM) communities, the progress of straight-through processing (STP) is truly in the eye of the beholder.

On the one hand, real STP improvements have been made in automating repetitive and manual tasks within organizations in

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