Read about our latest news, products and upcoming events.
September 18, 2013
To be considered for the Best Places to Work list means that the companies employees are engaged and feel appreciated. It means that employees feel a sense of camaraderie with co-workers. It also means that workers are allowed – even encouraged – to have a good time. read more
June 6, 2013
Philadelphia Business Journal has named STP Investment Services as one of its Best Places to Work in the Philadelphia region. The award recognizes the company’s achievements in creating a positive work environment that attracts and retains employees through a combination of benefits, working conditions and company culture.
June 6, 2013
-Are Hedge Funds Worth It?
-How Endowments and Foundations Can Deal With Inflation
-Updates on the Outsourced CIO Model
-Investing In a Low Yield Environment
STP Investment Services attended presentation from Dan Fuss the Vice Chairman of Loomis, Sayles & Company.
June 6, 2013
Interest rates on fixed income instruments have been at historically below average levels, so defensive bond investment strategies emphasize shorter maturities and floating rate debt to help protect against the effects of higher interest rates in the future.
STP Investment Services attended a presentation entitled, 'Economic Outlook: Cyclical Recovery, Structural Challenges'.
April 3, 2013
John Silvia, Chief Economist for Wells Fargo Securities, discusses how predictions outlined sustained below-trend growth though the Housing sector is improving. Yet the Employment outlook continues to reflect cyclical and structural change. Economic progress has been uneven, with upper income individuals faring better than those at other income levels. Inflation remains low, while multinational corporate profits increase more from overseas versus domestic activity.
STP Investment Services attended the “Evaluated Pricing Webcast: Examining The Perception Gap” which was a recent webcast hosted by Waters Technology.
March 14, 2013
During this webcast on Pricing and Valuations, Financial Industry representatives discussed how vendors are trying to improve confidence in their evaluated prices and help firms comply with the new regulations by being more transparent about the data and methodologies they use.
STP Investment Services attended the CFA society's 'How to Start an Investment Management Firm' presentation.
February 28, 2013
Panelists from Rosemont Partners, Clothier Springs Capital Management, and Cheswold Lane Asset Management spoke about marketing, operational and compliance challenges awaiting attendees interested in starting an investment management firm. Topics included: choosing your business organization structure, Compliance and regulatory issues, investment research tools, determining your firm's investment philosophy.
January 10, 2013
Presentations on the impact of AIFMD (Alternative Investment Managers Directive), SEC preparedness, and new CFTC regulations provided insight as to how investment managers can best position themselves in order to comply with an SEC examination, as well as how to keep up with and stay ahead of ever changing rules and regulations. Legal updates were discussed, addressing the effects of the JOBS act and "Pay to Play" rules. There was also a presentation on the changing landscape of post-election tax changes. A detailed review of emerging regulatory topics for alternative investment fund managers provided insight on how to strategically address such regulatory changes.
Ralph Giraud was chosen as Volunteer of the Quarter for the CFA Society of Philadelphia's Newsletter.
January 1, 2013
Ralph Giraud has been able to obtain a diverse set of guest panelists for the society, helped increase attendance at CFAP Networking functions, as well as soliciting new applications for prospective new CFAP members. Ralph is also an active member of the Philadelphia Council for Business Economics(PCBE) and Washington (D.C.) Association of Money Managers (WAMM).
December 6, 2012
The event included presentations on Hot Accounting Topics and Fair Value Updates; SEC & Corporate Governance Updates; Efficiency and Effectiveness in Governance, Risk and Compliance; Private Equity M&A Discussion; and several other industry related subjects.
STP Investment Services attended the CFA society's downtown luncheon on Master Limited Partnerships.
November 29, 2012
Enterprise Products Partners CFO Randy Fowler spoke on the future of MLP’s as well as the future of the company. MLPs have generated market leading total returns in the past three, five, and ten year periods. STP continues to be a proactive service provider in the processing and administration of MLP securities and subsequent investment vehicles (e.g. funds, separately managed accounts).
STP was a chosen as a case study for the New Ventures II class at the Penn State Great Valley School of Graduate Professional Studies.
April 19, 2012
The graduate student had the opportunity to perform market research on the pricing and marketing for Fund Administration and Investment Operations Outsourcing Services. With access to senior management at STP, including CEO Patrick Murray, the student was able to obtain real world experience that culminated in the presentation of findings and recommendations to the senior management team at STP Investment Services.
STP Investment Services was a guest contributer to "The Bull Run", a blog hosted by the Financial Technologies Forum(FTF).
April 19, 2012
At STP Investment Services, as a third party administrator and back office for investment managers and a variety of funds, we follow the steps listed below to ensure we are not only staying ahead of regulation and audit requirements, but also are clearly demonstrating compliance at the task level, which is at the heart of operations. Policies and procedures are important, but how do you know if they are being followed or read by your staff? The key to succeeding in today’s regulatory landscape is to have appropriate controls and assigned tasks in place... read more
Patrick Murray, President of STP spoke at the FENG New York, NY Chapter regarding Operational Risk, Task Management and Audit Control.
April 17, 2012
Patrick's speech focused on Operational Risk, Task Management and Audit Control. With primary focus on the investment team’s trading and investment activities, key operational processing, reporting and reconciliation of tasks are often ignored or overlooked. This commonly results in lack of operational control and oversight data silos and mismanagement, mission critical tasks slipping through the cracks, and a paper audit trail which can easily get lost in the shuffle.
STP Investment Services attended MAHFA's 10th Annual Outlook for Hedge Funds in 2012 at Jasna Polana, in Princeton, NJ.
March 15, 2012
The objective of the Mid-Atlantic Hedge Fund Association (MAHFA) is to promote industry development and understanding among managers, investors, service providers and academics in the mid-Atlantic U.S. region. The association was established in 2002 as a non-profit corporation that offers a professional environment for constructive dialogue among members through educational programs, seminars, networking events and other services designed to facilitate communication within our regional hedge fund community.
March 1, 2012
The Innovation Technology Action Group’s mission is to promote Information Technology, Communications, and Technological Processes, to all companies and individuals in Southeastern Pennsylvania.
November 11, 2011
October 26, 2011
Patrick Murray, CEO of STP Investment Services, was the featured presentation at the October 26th Chester Country KIZ Board Meeting. During the presentation and Q&A, Patrick discussed STP's vision and strategic direction, and how CCKIZ's vast resources can be of assistance to STP in the future. Due to its proximity in Chester County, Pennsylvania, STP Investment Services is now a member of the Chester County Keystone Innovation Zone. Selected KIZ companies are, Sparking Collaborations. Provoking Ideas. Creating Opportunities. Exploring Possibilities. Sharing Knowledge. Fueling Growth. read more
November 10, 2010
More asset managers are hiring third parties to handle their middle- and back-office functions, as they redefine how they do business in the post-crisis environment. Managers of all sizes are outsourcing client reporting, performance reporting, compliance and trade operations in an effort to more fully focus on their core competencies. “We have seen the most growth in middle office outsourcing over the past year-and-a-half following the credit crunch. Anything post-trade execution is in play,” says Ben Keeler, director at Citisoft, a consulting firm that provides both business and technological expertise to investment management firms... read more
August 30, 2010
The Philadelphia Business Journal is pleased to present the winners of our 7th annual Best Places to Work contest. The Best Places to Work program ranks the top employers in the Delaware Valley according to scores given to the companies by their own workers. Over the course of the summer, the Business Journal received hundreds of nominations from readers. Employees of nominated companies were then asked to complete an online questionnaire administered by Quantum Market Research, an independent surveying firm based in Wichita, Kan. read more
August 26, 2010
Money managing is a hard enough job without having to worry about whether your computer system is properly accounting for it. That's the premise behind STP Investment Services, which Patrick Murray started in 2008 with help from Bermuda money-management firm he was doing consulting work for at the time. read more
August 26, 2010
Title: President and CEO.
Company: STP Investment Services
Type of Company: Financial and Technology service provider.
Recent Project: We just completed Eagle Investment Systems Implementation, a financial and technology system for an international asset manager.read more
July 29, 2010
In the wake of the May 6 ‘flash crash,’ which resulted in the cancellation of orders on a scale not seen previously, regulators are clamping down on trades that go bust, and asset managers are being required to do more to make sure their trades actually happen. “There will be tougher regulations, penalties, and demand for better practices around trade operations and settlement,” Patrick Murray, CEO of STP Investment Services, told Markets Media... read more