Spring 2001

STRAIGHT THROUGH PROCESSING

Editor’s Letter

STP and T+1: The Time Is Now

June 2004 may sound like a long way off, but now is the time to focus on the industry-mandated deadline for US financial institutions to achieve T+1 settlement cycles.

That was certainly the message at last week’s annual ISITC-IOA forum in Boston, where panelists and participants alike insisted that financial firms need to start implementing STP solutions as a stepping stone to get to T+1.

ISITC forum participants also underlined the fundamental need to

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