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The technical architecture required for tomorrow's world of securities
processing will be significantly different than it is today. It
must connect diverse platforms: internal and external, domestic
and global. It must be reliable, scalable and must accommodate future
requirements. Further, the architecture must leverage investments
made in existing infrastructure
The new banking regulation accord will require Financial
Institutions to settle all securities trades within one day after
they are submitted. That means financial institutions across must
re-engineer their business processes and technology infrastructures
to enable straight-through processing (STP) for a continuous linked
settlement process and reduce time to settlement.
STP solution is a component based solution and has
been built using industry standards, such as J2EE and XML. SeE'
STP solution is uniquely differentiated through the tools and components
approach and can be simply configured to provide complex and simple
STP requirements, unlike the alternative hardwired solutions that
provide functionality through hard-coded rules.
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