Altus

STP adoption rates double

4th Jul '11

Financial Services technology company Altus says that Straight-Through-Processing (STP) for pensions has moved into the mainstream and the challenge is now one of ‘mopping up’ late adopters.

During ‘The Future of STP for UK Funds’ forum, co-hosted by Altus, SWIFT and Bottomline SMA in May, it became clear that STP has rapidly become a ‘hygiene factor’. The forum, exploring the challenges, benefits and opportunities for STP trading over ISO20022 and SWIFT, featured a line-up of industry experts including representatives from BlackRock, Legal & General, Mercer, Punter Southall, Xafinity and many more.

You can view our full press release here.

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