Securities Master Management Solution: The First Step Toward Credible STP
ثبت نشده
چکیده
Reference data lies at the heart of the world’s financial systems, be it customer and counterparty data, securities master data or transaction data. Few organizations know the real cost of poor data and inefficient data management. Without a high degree of reference data standardization, the securities industry could not process the ever-growing number of trades nor meet the demanding client service requirements required in this day of expanding volumes and contracting trading spreads. Also, reference data is the most critical aspect of a global trading system that is moving toward a straight-through processing (STP) regime and T+1 transaction settlement model.
منابع مشابه
Intelligent Agent Supported Exception Management in Securities Trading
With rising trading volumes in securities transactions and increasing risks faced by global financial firms and markets, STP (Straight Through Processing) is internationally recognized by the securities industry, which is to manage securities trades throughout the trade lifecycle automatically and without human intervention. However, while attempting to achieve STP, care must be taken to ensure...
متن کاملSecuritization of Catastrophe Mortality Risks
Securitization with payments linked to explicit mortality events provides a new investment opportunity to investors and financial institutions. Moreover, mortalitylinked securities provide an alternative risk management tool for insurers. As a step toward understanding these securities, we develop an asset pricing model for mortality-based securities in an incomplete market framework with jump ...
متن کاملStraight through Processing Technology in Global Financial Market: Readiness Assessment and Implementation
With rising trading volumes in domestic and cross-border security transactions, risks faced by global financial firms and markets are increasing. To manage settlement risks and maintain competitiveness in global financial markets, the U.S. Security and Exchange Commission (SEC) has decided to shorten the settlement cycle of security transactions from the current T+3 to T+1. As a result, key pla...
متن کاملGood Governance, (as promoting in decision-making process) and its influence on urban strategic plans
Experiences from urban development plans and assessments of their concrete and tangible results in the past decades indicate lack of adequate success of our urbanization system to responding needs of our citizens. This has resulted in need to find a fundamental solution to transforming the centralized system into decentralized. Recent changes in regard to a change of approach from master plan t...
متن کاملDiffering mechanisms of expression for short- and long-term potentiation.
Long-term potentiation (LTP) is a use-dependent form of synaptic plasticity that is of great interest as a cellular mechanism that may contribute to memory storage. It is the sustained phase of population excitatory postsynaptic potential induced by high-frequency stimulation (HFS). HFS can also induce short-term potentiation (STP), a decremental potentiation lasting approximately 15 min. It ha...
متن کامل