Our AVP, Kaisha Lourens Schnoll has been featured in a recent WatersTechnology article discussing if T+0 is the next step.
“There are certainly trades being done same day currently, so it’s possible in the US. But with the volume and the timing, that’s what adds the complexity there.” – Kaisha Schnoll
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 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.
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’s Lori Weston, Director of Product and Strategy was mentioned in FinancialPlanning’s SEC warns firms to get their AI house in order.
The SEC might have stepped back from a new proposal meant to make advisors responsible for eliminating conflicts of interest in AI-generated investing recommendations. But artificial intelligence, machine learning, and similar technologies remain top concerns for the industry watchdog, as evidenced by a report on examination priorities released Monday.
Lori says the concerns extend to third-party firms who might use AI to provide outsourced services to advisory firms. This is particularly true for vendors who provide help with investment selection and management.
“Advisors should review their overall policies regarding the supervision and oversight of all third-party providers, with a particular focus on the third-party provider’s use of AI,” Weston said. “In today’s interconnected environment, AI risks can infiltrate a firm’s operations via third-party vendors.”
Read more about this article and what Lori shares here.
Contact us today to schedule an introductory call to learn how STP can give you back control over your front, middle, and back office.
And with greater efficiency.