Bank Of Montreal Deploys STP At Toronto Office

BANK of Montreal has deployed a straight-through processing (STP) system that seamlessly links front and back office functions at its Toronto derivatives trading centre.

The STP mechanism was developed by integrating Infinity Financial Technology's derivatives trading applications with workflow systems from Shared Network Services (SNS).

Bank of Montreal plans to roll the STP system out to its London and Chicago trading centres over the coming months. The bank is now working on integrating

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