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.
In February 2023, the Securities and Exchange Commission (SEC) announced a move to a T+1 trade settlement cycle expected in May 2024. This move means that securities transactions must settle one business day after the trade date. Up until this point, the trade settlement cycle has been two business days (T+2). While halving the time to settlement may seem like an aggressive jump, the goal of the move is to make markets more efficient for investors and to reduce risk—just a couple of the long list of benefits that come with T+1. But that doesn’t mean there won’t be challenges.
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 is thrilled to announce that we have been shortlisted for the 2025 Private Asset Management Awards for Best Fund Administration Services recognizing STP as one of the best in the private wealth management community.
Now in its 21st year, the Private Asset Management Awards honor outstanding achievements in the US private wealth management space. For over two decades, these Awards have provided a platform for top investment professionals, wealth advisors, legal firms, consultants, and other key service providers operating within the sector to showcase their accomplishments.
STP’s Dan Houlihan, CEO, shared insights with Private Funds CFO reporter Jennifer Banzaca on the launch of STP’s ComplianceAdvisor.
Dan noted that while STP has in the past offered some basic compliance services, they were only offered to institutional firms who outsourced some or all of their investment operations to STP. STP ComplianceAdvisor greatly expands STP’s capabilities as well as its outreach, offering comprehensive regulatory and compliance services to address the ever-evolving regulatory landscape for all investment advisers; including hedge funds, private equity advisers, wealth managers and family offices.
