Capco, Omgeo Take Aim at STP Costs

OPERATIONS AND STP

NEW YORK--Straight through processing (STP) vendors Capco and Omgeo offered new solutions last week in attempts to lower the cost of operations for both the buy and sell side.

The Capco consultancy, expanding on its previously announced systems integration alliances with Hewlett-Packard (HP) and Microsoft, has added Intel to its partner program and has released the first version of STP Bridge, a connectivity and exception-handling solution (TTW, June 24, 2002).

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