31 results about "Straight-through processing" patented technology

Straight-through processing (STP) is a method used by financial companies to speed up financial transactions by processing without manual intervention (straight-through). It has been a goal in payments almost since payments have been processed electronically, including attempts in the 1980's to automate the processing of payments by Telex message. It was developed for equities trading in the early 1990s in London for automated processing in the equity markets.