Straight Through Processing for Financial Services : The Complete Guide.
Title:
Straight Through Processing for Financial Services : The Complete Guide.
Author:
Khanna, Ayesha.
ISBN:
9780080554846
Personal Author:
Physical Description:
1 online resource (265 pages)
Series:
Complete Technology Guides for Financial Services
Contents:
Front cover -- Straight Through Processing for Financial Services -- Copyright page -- Table of contents -- Preface -- Acknowledgments -- Chapter 1: The business case for STP -- 1.1 Introduction -- 1.2 Trends in the Securities Industry -- 1.3 Straight Through Processing -- 1.4 Summary -- Chapter 2: The trade lifecycle -- 2.1 Introduction -- 2.2 Pre-Trade -- 2.3 Trade -- 2.4 Post-Trade -- 2.5 Post-Settlement -- 2.6 Mapping to Technology Operations -- 2.7 Summary -- Chapter 3: Service-Oriented Architecture -- 3.1 Introduction -- 3.2 Service-Oriented Architecture (SOA) -- 3.3 SOA in Financial Services -- 3.4 Role of the Enterprise Architect -- 3.5 Summary -- Chapter 4: Industry standards -- 4.1 Introduction -- 4.2 Industry Standards -- 4.3 Financial Technology Standards -- 4.4 Using and Extending Industry Standards -- 4.5 Summary -- Chapter 5: Connectivity -- 5.1 Introduction -- 5.2 The Business Requirements -- 5.3 Computer Network Basics -- 5.4 Connectivity in Financial Services -- 5.5 Summary -- Chapter 6: Data management -- 6.1 Introduction -- 6.2 The Current State of Affairs -- 6.3 Data Management Basics -- 6.4 Data Management Strategy -- 6.5 Types of Data -- 6.6 Summary -- Chapter 7: Reconciliation and exception handling -- 7.1 Introduction -- 7.2 Reconciliation and Trade Lifecycle -- 7.3 Reconciliation Engines -- 7.4 Exception Handling -- 7.5 Summary -- Chapter 8: Regulatory compliance -- 8.1 Introduction -- 8.2 Regulatory Laws and Operational Risk -- 8.3 Sarbanes-Oxley -- 8.4 Basel II -- 8.5 MiFID -- 8.6 Regulation NMS -- 8.7 USA Patriot Act -- 8.8 Synergies Between Compliance Requirements -- 8.9 Summary -- Chapter 9: Business continuity -- 9.1 Introduction -- 9.2 Impact of Disasters on Business -- 9.3 Firm-Level Business Continuity Planning -- 9.4 Industrywide Business Continuity Planning -- 9.5 Summary.
Chapter 10: Virtualization and grid computing -- 10.1 Introduction -- 10.2 Virtualization and Grid Computing Basics -- 10.3 Applications for the Securities Industry -- 10.4 Cost, Implementation, and Issues -- 10.5 Summary -- Appendix: The securities industry -- A.1 Introduction -- A.2 The US Securities Industry -- A.3 Securities Markets -- A.4 Industry Participants -- A.5 Summary -- Bibliography -- Index.
Abstract:
As economic and regulatory pressures drive financial institutions to seek efficiency gains by improving the quality of their trading processes and systems, firms are devoting increasing amounts of capital to maintaining their competitive edge. Straight-Through Processing (STP), which automates every step in the trading system, is the most effective way for firms to remain competitive. According to the Securities Industry Association, the US securities industry will spend 8 billion to implement STP initiatives, and 99% percent of this investment will be made in systems internal to the firm. Straight-Through Processing for Financial Services: The Complete Guide provides the knowledge and tools required by operations managers and systems architects to develop and implement STP processing systems that streamline business processes to maintain competitiveness in the market. * Learn the tools and techniques for developing software systems and for streamlining business processes * Keep up to date and well informed in this highly regulated and ever changing market * Gain the knowledge and experience for a leading consultant in the field.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Genre:
Electronic Access:
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