Straight Through Processing - STP
The STP represents the host interface to non-Teleinvest applications, suited for straight through processing of orders and their execution information.
Its goal is to completely automate the trading process without the need for re-typing the orders. The STP allows the banks to load into the Predator trading platform information like custom securities catalogue, positions, valuation prices, corporate actions etc.
The STP has the advantage to:
- reduce the operational risk by eliminating the manual interventions
- minimise the time for trade settlement
- increase the quality of the settlement data
- minimise the operational costs
