IBM Launches STP Workbench


WHITE PLAINS, NEW YORK -- Computer technology giant IBM has launched its Straight-Through Processing (STP) Workbench for electronic business. IBM says the product is aimed at helping global securities companies reach a range of business and regulatory requirements.

IBM says STP Workbench helps dealers, global custodians and investment managers settle trades more quickly and with lower operational risk.

STP Workbench also reduces costs and improves customer service as the securities industry moves

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