Avoiding STP failure
Entertaining as a Matrix-style spectre of a world governed by computers might be, for many involved in planning straight-through processing, seamless computing is the goal that every organisation should be trying to achieve, says Trayport’s Elliot Piggot
Why has so long for straight-through processing (STP) to become the hottest topic in technology? It’s not as though integrated processing is new – it’s been practised since the late 1960s. Worse still, the failure rate of STP strategies is still over 50%. Even where proprietary standards exist, the figures are no better, with recent figures indicating that less than half of STP installations have ever seen a positive return on investment.
The push for STP originated in the late 1990s
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