GSTPA To Announce TFM Winner On December 15

STP SPOTLIGHT

NEW YORK--It's official--and even more official now than it's ever been. Steve Crosby, of KPMG Consulting announced at the World Research Conference on T+1 last week that the Global Straight Through Processing Association (GSTPA) would pick the winning consortium which will build its Transaction Flow Manager (TFM) on December 15. KPMG has played a key role in the bidding process and there has been growing speculation in the industry that a decision would be put off until January. In fact, Crosby

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