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 Nov 25, 2009
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Business of Information Technology  >   Business Management  >   Financial Management  >   Financial Transaction Processing  >   Equity Processing  >  

Straight-Through Processing

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ALSO CALLED: Flow-Through Processing, STP
DEFINITION: The process of seamlessly passing financial information to all parties involved in the transaction process, spanning the investment manager decision through to reconciliation and statement production, without manual handling or redundant processing in real time.
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