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straight-through processing

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Payments software
Payments software for banks from ACI Worldwide.
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Financial Dictionary

straight-through processing

The direct exchange of cash and securities. Straight-through processing is a major objective for cross-border transactions that are generally much more costly to settle compared to domestic transactions.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Payments software
Payments software for banks from ACI Worldwide.
www.aciworldwide.com
Straight Thru Processing
Get Straight Thru Processing Info Access 10 Search Engines At Once.
www.Info.com/StraightThruProcessing
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DataBridge
Real-time feedhandlers and tools for market and transaction data
www.databridge.co.il
Straight Through Processing
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