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STP CORE: Redefining Exception Management in Middle- and Back-Office Operations
In middle- and back-office operations, accuracy and efficiency aren’t optional, they’re the foundation of client trust and business scalability. Every day, teams are responsible for processing enormous volumes of data across pricing, security master records, reconciliations, and other critical workflows. And every day, exceptions arise that must be researched, resolved, and documented.
The Biggest Compliance Traps You Don’t Even Know Are Happening at Your Firm
Compliance risks don’t announce themselves. Even firms with robust programs may face hidden vulnerabilities that can draw SEC scrutiny. Here are three common but often overlooked traps.
1. The AI Trap: Risks You Didn’t Know You Had
You may think your firm is safe from AI-related compliance issues simply because you don’t use ..
Operational Due Diligence: Doing It Right the First Time
While investment due diligence may be the first step in an allocator’s decision-making process, an equally critical and sometimes underestimated component is Operational Due Diligence (ODD). Your investment thesis may be compelling, performance trending in the right direction, and capital ready to be deployed, but one question allocators are asking is: Are you running your fund management company like a business built to last?
Navigating the Growing Complexity of Form PF: A Call for Pragmatic Regulatory Timelines
Good news for Form PF filers, the Securities and Exchange Commission (SEC), in coordination with the U.S. Commodity Futures Trading Commission (CFTC), has voted to further extend the compliance date for the Form PF amendments adopted on February 8, 2024. The new compliance date is October 1, 2025.
These amendments were originally scheduled to take effect on March 12, 2025, and had already been extended to June 12, 2025, prior to yesterday’s announcement.
SEC Withdraws 14 Proposed Rules – Industry Welcomes Strategic Reset
In a sweeping regulatory shift, the Securities and Exchange Commission (SEC) withdrew 14 proposed rules on June 12, 2025, marking a significant realignment of the agency’s priorities. The withdrawn proposals spanned cybersecurity, ESG disclosures, predictive analytics, outsourcing, and shareholder proposal reform, many of which had drawn strong pushback from industry participants over the past two years.
The decision to withdraw the rules comes shortly after the appointment of SEC Chair Paul Atkins, who has emphasized a more measured, principles-based approach to rulemaking. Many interpret this move as a deliberate “spring cleaning” of the regulatory slate to allow for fresh consideration of policy priorities.
Ready to Launch Your Own RIA? Avoid These Common Mistakes
Establishing your own practice can be lucrative and extremely rewarding. If you’re serious about taking the leap, protect what you’re building by doing things right the first time.
Decisions you make now can either pave the way for a smooth, successful operation or create vulnerabilities that may not surface for years, making it difficult to unravel errors and result in deficiencies, fines and reputational risk.
Based on our recent webinar at ComplianceAdvisor, here’s a practical roadmap to help you avoid the most common mistakes as you prepare to establish your own firm.
STP Featured in Family Wealth Report
Featured as a “Deal of the Day,” Family Wealth Report included news of STP’s acquisition of WealthSite in its daily roundup. Russell shares how he believes the blend of WealthSite’s foundational elements with STP’s BluePrint platform creates a compelling solution for family offices not found elsewhere.
STP Featured in InvestmentNews
InvestmentNews featured STP’s acquisition of WealthSite in its FinTech Bytes column roundup. Within, the article explains that WealthSite’s capabilities combined with STP’s expertise fill a gap in the market, allowing wealth managers a solution they need to better service ultra-high-net-worth clientele.
STP Featured in Private Banker International
Private Banker International recently featured news of STP’s acquisition of WealthSite. The article features how the acquisition allows STP to better support single and multi-family offices, wealth advisory firms and money managers that cater to ultra-high-net-worth customers.
Patrick Murray Weighs in for Advisor Perspectives
The goal of any technology is to drive the best client outcomes. But doing so requires more than purchasing tech out of a box. In this article, Patrick Murray explores the real pain point technology solutions should focus on to empower better client outcomes.
STP Investment Services Acquires Leading Family Office and Wealth Advisory Fintech Solution, WealthSite
(STP) announced it has acquired WealthSite, a firm that provides a fully integrated and highly customized accounting, portfolio management, reporting and analytics platform to single and multi-family offices, traditional wealth advisory firms and money managers serving ultra-high-net-worth (UNHW) clients.
STP In Waters Technology
STP’s CEO Patrick Murray is featured in Waters Technology discussing the challenges of data management
