Revision as of 12:56, 3 August 2022 edit Jasperk1975 (talk \| contribs) 16 edits m Edited grammer ← Previous edit		Revision as of 07:23, 28 August 2022 edit undo NoMatterTryAgain (talk \| contribs) Extended confirmed users 3,753 edits →top: Remove latest attempt to reintroduce assertion that STP "was invented by James Karat in the early 1990’s" contrary to Talk page decision Tag: Reverted Next edit →
Line 5: '''Straight-through processing''' ('''STP''')<ref name=Investopedia/> is a method used by financial companies to speed up [[financial transaction]]s by processing without manual intervention (straight-through). It was developed for [[equities trading]] in the early 1990s in London for automated processing in the equity markets. ~~It has been a goal in payments almost since payments have been processed electronically, including attempts in the 1980s to automate the processing of payments by [[Telex]] message.~~ It was developed for [[equities trading]] in the early 1990s by James Karat in London <ref name="Cardiff Metropolitan University">{{cite web \|last1=Karat \|first1=James \|title=James Karat \|url=https://jameskarat.com/resources#09f26205-d655-487c-8fd6-9d876b9b825e \|website=James Karat \|access-date=1 July 2016}}</ref> for automated processing in the equity markets. ==Payments==

Straight-through processing: Difference between revisions