Can STP answer the avian flu threat?
Remote trading is becoming an increasingly viable straight-through processing proposition for those firms looking to limit the damage a potential outbreak of human-to-human avian flu could cause. By Choongo Moonga
AS the threat of human-to-human transmission of the Avian flu virus gathers pace, banks and broker-dealers are paying more attention to the potential impact an outbreak could have on the trade-processing chain.
As of mid-January, the virus has killed 79 people in east Asia and Turkey, as the threat continues to move towards mainland Europe. As a result, European and Asian financial institutions
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