STP – Stgraight Through Processing

15 pts.
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STP
What are 5 -10 of the best controls for Straight-Through Processing, i.e trades.

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1. Automates end-to-end processing of transactions of the financial instruments.
2. Use of a single system to process or control.
3. All elements of this system work through this single control.
4. Electronic capturing and processing of transactions in one pass.
5. Complete cycle starting from point of first transaction to final settlement is covered in this.

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  • Security99
    Thanks for your response. #1 response seems as though it is same as STP???? - automation. Can you provide some additional information for each point.
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