Read about our latest news, products and upcoming events.

Control Ops

STP releases custom task management and audit control software "OptimalOps."

April 18th, 2016

ControlOps© is an auditor approved key application that eliminates the need for paper backup and manual checklists, establishes clear responsibilities and authority, and enables efficient operational control and oversight in all areas of the investment management operation. This application can support multiple audit and regulatory processes including: Dodd-Frank, SSAE16, Sarbanes-Oxley, Know Your Client, Anti-Money Laundering, and the Patriot Act. ControlOps is customizable to your exact needs and flexible enough to manage the ever changing regulatory requirements of the financial industry.

Dan Schlossberg

STP hires Dan Schlossberg as Vice President of Business Development & Relationship Management

April 18th, 2016

Dan is the VP of Business Development & Relationship Management at STP Investment Services, responsible for building and managing client relationships. Dan has over 25 years of industry experience and throughout his career he has worked in many different client facing roles and operational management positions. In these roles Dan oversaw and managed back office operations, investment accounting and client implementations. Dan was a founding member of iX Partners, at which he was instrumental building the out their middle and back outsourcing office product suite. At STP, he is able to draw from his experience to help clients find greater reward in their operational requirements and ecosystem initiatives.

STP Core Values

Rama Subbaiah wins the STP India Core Values Champion trophy

January 29, 2015

STP India has held their first ever Core Values Championship this January. STP India has taken the initiative to recognize employees who exemplify the STP Core Values. Although the STP India team decided to make their trophy different from the original champion's belt. Rama Subbaiah won the vote for excelling as a team leader and consistently being enthusiastic in the workplace.

STP Core Values

Saneesh Surendran named the STP Core Values Champion

August 26, 2015

The Core Values Championship is a vote held internally by employees every six months to acknowledge those who exemplify the core values of STP. The reigning "Core Values Champion" is awarded the belt to decorate their office. Saneesh Surendran won the vote in August for being an extraordinary team player and bringing a positive attitude to the workplace.

Best Place To Work 2015

STP has been named a finalist in the Philadelphia Business 2015 Best Place to Work Awards

August 14, 2015

Philadelphia Business Journal has released the list of the fifteen small business finalists in its 2015 Best Place to Work Awards. 2015 marks the fourth consecutive year STP has been named as one of the Best Places to Work. We take pride in focusing on creating a positive work environment and company culture and will continue to as we grow. Find out more here


Prospective employees! STP Investment Services will be attending the hireONE business event.

August 7, 2015

Hire One, a CCEDC initiative, is a public/ private partnership which provides employment services to the Health Care, Energy, IT/Communications, Life Science, Manufacturing and Agriculture industries. STP Investment Services will be attending the August 26th conference and prospective employees will have the opportunity to meet and network with some of the STP employees. Find out more here

STP Core Values

Chris Sallemi wins the first STP Core Values Championship

March 6, 2015

The Core Values Championionship is a vote held internally by employees every six months to acknowledge those who exemplify the core values of STP. The "Core Values Champion" is awarded the belt to decorate their office. Chris Sallemi won the vote in February for always finding solutions in a blame free environment, and maintaning excellent client service.

Tech Impact

Eagle Investment Systems wins the "Best Fund Accounting and Data Management Platform" at the A-Team Data Management Summit awards in London.

October 9, 2014

STP would like to congratulate Eagle Investment Systems for the honor of winning the ‘Best Fund Accounting and Data Management Platform’ at the A-Team Data Management Summit awards in London. Eagle is at the core of our full service middle and back office outsourcing solution and we are happy to celebrate the success from their continued investment in the product!

Tech Impact

STP Founder, President, and CEO Patrick Murray joins Nonprofit Tech Impact to give back to the community.

September 12, 2014

Tech Impact’s Advisory Board provides a way for experts in the field of technology to give back to their communities in their field of expertise. The group meets quarterly and guides Tech Impact in regard to the program offered by ITWorks as well as the scope of technology services that Tech Impact provides Nonprofits. Advisory Board members are committed to providing their time, treasure, and talent in order to help communities and Nonprofits better serve our world.

2014 Philadelphia Best Places to Work Logo

STP has once again been named one of the Best Places to Work by the Philadelphia Business Journal.

August 7, 2014

Philadelphia Business Journal has named STP Investment Services as one of its Best Places to Work in the Philadelphia region for the third year in a row. 2014 has been a monumental year for STP and we are proud to be once again recognized for our employee work enviroment and company culture.

philadelphia business journal

What sets STP apart to become one of the Best Places to Work?

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

2013 Philadelphia Best Places to Work Logo

STP has been named one of the 2013 Best Places to Work Winners by the Philadelphia Business Journal.

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.

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STP Investment Services attended the CFA Society's Annual Endowment and Foundation conference.

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

Washington Association of Money Managers

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.

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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.

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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.

CFA Society Logo

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.


STP Investment Services Attended the KPMG Alternative Investments Breakfast Seminar.

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.

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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).

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STP Attended PWC Year End Tech Event.

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.

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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.

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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.

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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.

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Patrick Murray, President and CEO of STP has been accepted to the Board of Directors at ITAG.

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.

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STP Investment Services website redesigned by our internal software team.

November 11, 2011

The STP Investment Services website has been redesigned by the software team at STP. The redesign put an emphasis on our core competencies and services we provide. Let us know if you like it!

best place to work

Patrick Murray was the featured presenter at the Chester County KIZ Board Meeting

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

Fund Fire Logo

Featured in Fund Fire Article: "Managers Look for Help on Back-Office Ops."

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

best place to work

STP selected as Silver winner for Best Places to Work.

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

philadelphia business journal

Philadelphia Business Journal Article : "STP Forestalls Headaches in Money Management".

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

philadelphia business journal

STP's Chief Executive Office Profile Featured in Philadelphia Business Journal.

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 more


STP Quoted in MarketsMedia article "Post-Trade Processing On Regulators' Radar".

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


STP Quoted in MarketsMedia article "NYSE Trading Snafu Draws Fire".

July 30, 2010

A mistake that forced NYSE Euronext to cancel a number of trades in June recalls the events of May 6, in which orders were cancelled on a massive scale. The incident illustrates the fact that even supposedly automated markets are still subject to human failure, and this is likely to become a focus for regulators. “In a financial environment with an increased focus on regulation and a growing list of fines and penalties that directly impact the bottom line, controlled automation is critical for businesses to ensure the accuracy of data and to ultimately preserve income,” Patrick Murray, CEO of STP Investment Services, told Markets Media. “Both systematic and human controls should be put in place to ensure that data is timely, and most importantly, accurate.” STP provides middle-and-back-office services for investment advisers. read more