Straight-through processing

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

(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.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Straight-through_processing&oldid=53599’