Relevant industry content we've curated covering a wide range of topics
STP Featured in Private Funds CFO
STP’s Dan Houlihan, CEO, and Dan Ceneviva, Head of Product and Technology, shared insights with Private Funds CFO reporter Jennifer Banzaca on the debut of BluePrint.
Dan Ceneviva highlighted how firms and fund managers often deal with multiple fund structures – open-end, and closed-end strategies, and many use disparate systems and tools within the same fund. Going on to say that those types of systems add operational complexities since they often don’t communicate with each other.
Dan Houlihan highlighted STP’s plans to provide other analytics and insight features in further platform updates.
Read more on Dan Houlihan and Dan Ceneviva’s comments and why STP launched BluePrint here.
STP Mentioned in Bloomberg: Britain Is Targeting 2027 for T+1 Switch
STP is proud to be mentioned in Bloomberg on Britain Is Targeting 2027 for T+1 Switch, with Or Without EU.
The group spearheading the UK’s shift to a faster trading regime is preparing for the possibility that the country makes the switch in advance of the European Union, a move that could create a litany of headaches for financial professionals across the region.
STP’s BluePrint named a Finalist for FinTech of the Year
STP is thrilled to announce that we have been named a finalist for the 2024 US FinTech Awards in the FinTech of the Year category for our BluePrint product, positioning us among the nation’s top innovators.
The US FinTech Awards celebrate the best in financial services and technology, recognizing companies that demonstrate exceptional innovation and enhance operational efficiency. Selection is made by a panel of independent experts who evaluate the transformative impact of these organizations.
STP Mentioned in Ignites
STP is proud to be mentioned in Ignites on ICI: Zero Confidence in T+0.
The trade group has joined with SIFMA and DTCC in warning against advancing to same-day settlement, saying it would be too costly and disruptive to trading infrastructure.
Marketing Rule Violations Continue
Marketing Rule violations continue…nearly two years after the Marketing Rule’s compliance effective date, the SEC’s continues to employ a balanced approach, alternating between issuing Risk Alerts and levying fines, to drive home the message that non-compliance will not be tolerated.
STP Mentioned in Mergers & Acquisitions
STP is proud to be mentioned in Mergers & Acquisitions September/October M&A Magazine on LP’s Focus on Value. STP’s Dan Ceneviva, Head of Product and Technology discussed how it is not just more detailed data that is being demanded but the different types of data being added to what’s already expected.
Dan goes on to say that Wealth Managers are allocating more of their Ultra-High Net Worth’s capital into these funds, and there’s a growing expectation from those investors to receive the type of information that a typical retail investor is used to receiving and should be able to understand. Secondly, GPs are getting more detailed requests from LPs in the due diligence process, which includes more details about past performance and track record.
Quick Guide: Trade Settlements at STP
As an end-to-end investment operation and technology service partner, STP’s trade settlements service can help you gain efficiencies with your operational tasks.
STP Mentioned in Financial Technologies Forum (FTF)
We were pleased to be mentioned in Financial Technologies Forum’s article “T+1 Glitches Emerge Between U.S. & E.U Settlement”.
STP Featured on Nasdaq TradeTalks: The Impact of AI Innovation on Data Governance
Jim Lewis, Head of Technology at STP Investment Services and other panelist join Jill Malandrino on Nasdaq TradeTalks to discuss the impact of AI innovation on data governance and how to implement best practices across the enterprise.
STP mentioned in WatersTechnology: Zeros and ones: Industry contemplates T+0 as the next step
All hands on deck—that was likely the directive for operational teams across US capital markets on May 28, 2024, the day when settlement cycles in North America moved from T+2 to T+1.
STP Mentioned In Reuters: Failed Wall Street trades rate roughly stable under faster settlement
Our AVP, Kaisha Lourens, Schnoll, has been featured in a recent Reuters article discussing the stability of Wall Street trades under the new settlement cycle.
Kaisha’s insights on the T+1 settlement transition highlight her expertise and dedication to the industry.
Read the full article:
https://lnkd.in/dNtaMfbx
STP mentioned in the 2024 PSA Mid-year Outlook
STP’s Dan Houlihan contributed an article to the 2024 PSA Mid-Year Outlook, which serves as a resource for financial advisors, family offices, asset managers, financial analysts, and wealth managers.
Read Dan’s thoughts about the evolution of outsourcing and what is driving trends in the middle office.
