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Process Management

Straight-through Processing: Lean transaction flow comes of age

    STP Defined Straight through processing (STP) are transactions executed without human intervention within or across entities. Lean process design combined with enabling technologies have allowed data to be relayed across systems without re-keying, reducing time to process in some cases from days to seconds. Although not limited to financial services the… Read More »Straight-through Processing: Lean transaction flow comes of age