Straight-through processing: Difference between revisions

Revision as of 06:38, 3 September 2022

Revision as of 08:33, 5 September 2022

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'''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 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 in London for automated processing in the equity markets.

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==