Straight-through processing: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
(Classify page.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 9: | Line 9: | ||
* [[Friction]] | * [[Friction]] | ||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
* [[Payments Market Practice Group]] (PMPG) | |||
* [[Real-time]] | * [[Real-time]] | ||
* [[SEPA direct debit]] | * [[SEPA direct debit]] | ||
[[Category: | [[Category:Financial_products_and_markets]] | ||
[[Category:Treasury_operations_infrastructure]] | |||
Latest revision as of 11:43, 15 November 2023
(STP).
The automated processing of transactions and any related payment transfers, including the automated completion of confirmation and settlement instructions.
One of the benefits of STP is a substantial reduction in friction costs.
