STP No Solution To Op Risk, Says Report
NEW YORK--A report published late last month by integration specialists BTA Consulting and TSI Soft says that straight-through processing (STP) has proved only partially successful as a bank integration strategy. While STP remains important for individual business lines within banks, software that networks together the vertical streams of data flowing through the entire bank is a critical next step.
Many organizations insist that they have achieved STP, even though closer investigation reveals
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