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Wasn’t STP going to make things easier? With a flow of electronically captured deal data, it can all feed through automatically to risk, position-keeping and settlement systems.
In theory.
But as liquidity becomes more fragmented so do your post-trade systems. Are you forced to manage a different connection to every counterparty, platform and asset class? It’s not easy, is it? Reuters Post Trade Services offer a single connection of electronically captured deal data, including voice-brokered trades.
Now you can have accurate deal data at source for every counterparty who connects. You can eliminate the errors that compromise everything down the line: positions, risk, confirmation, settlement.
Reuters Post Trade Services offer you the chance to extend your STP so that fewer and fewer trades fall through the net.
Trade notifications arrive electronically in the market-standard format of your choice. This single connection can connect you all around the globe; regardless of the format that the trade is sent in, you receive the details in the format of your choice.
Even voice-brokered trades can be captured using a simple affirmation applet.
Now all your IT systems can deliver on their obligations; feed all your systems with more data and better data to give benefits all along the line:
Isn't this what STP is meant to be?
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