Ingezonden persbericht

Straight Through Processing, hype or necessity?

seminar hosted by Trisdon and Mylette Banking & Brokerage Solutions

AMSTERDAM, 20020211 -- Various efforts of the investment industry to improve the efficiency of operational processes have not yet delivered an electronic end-to-end flow of cross-border trade information. With the markets moving towards settlement on T+1 (day of trade plus one day) the need for the investment industry to improve both internal and external processing becomes a necessity.

To achieve genuine Straight Through Processing (STP) accurate exchange of information between traders, broker-dealers and custodians is required. The accuracy of the information shared greatly depends on internal efficiency and external infrastructure. Integration and automation of front- and back office processes and single access to cross-border clearing services will allow for subsequent gains in margin offsets and cost reductions.

On Wednesday 27 February Trisdon will host a seminar that will provide insights into the concept of Straight Through Processing and its potential to deliver an automated trade process to flow trade information smoothly. Special attention will be given to the end-to-end flow of cross-border trade information. At request a demonstration can show you possible gains of the use of technology to solve some of these issues.

Program, 27 February, Industrieele Groote Club, Amsterdam
*5.00 p.m. reception

*5.30 p.m. presentation by Astrid van Heumen, Vice President ABN AMRO Mellon
*6.00 p.m. presentation by Maurice Mulders, Independent consultant associated with Mylette Banking & Brokerage Solutions
*6.30 p.m. presentation by Ravi Sonnad, President Trisdon
*7.00 p.m. buffet.



Ingezonden persbericht