One word can describe the current state of affairs within financial organizations as far as straight-through processing is concerned: confusion. At pretty much every financial institution, the scope of STP implementations are currently limited. Right now, STP targets only a portion of underlying financial instruments and requires a full development cycle for each addition of a product. The delay of the T+1 deadline has further increased the level of uncertainty among all market participants.
The week in Risk.net, February 10-16 2017Receive this by email