Products May 10, 2003
Financial Fusion Advances on STP
October 29, 2001 (PLANSPONSOR.com) - Financial
Fusion has enhanced its Financial Fusion Server in step with
the evolution of enterprise-wide straight-through processing
(STP).
Reported by Camilla Klein
Financial Fusion Server 4.5 was developed to support:
- Electronic Message eXchange (EMX), a standard used to communicate electronic trade negotiation, settlement and reconciliation for trading mutual funds electronically
- Reuters InterTrade Direct (RITD), which provides access to international markets of liquidity.
The adoption of EMX supports the fundamentals of STP, allowing intermediaries and fund managers to trade shares, reducing manual intervention.
The release of Financial Fusion Server 4.5 increases Financial Fusion’s international connectivity options for enterprisewide STP.