solutions

STP partners with clients to lead and complement their business and IT expertise with objective, experienced subject matter experts. We focus on strategy, assessment, evaluation, and implementation for front office, back office, and data management. Straight through processing is unique for each firm and determining factors are to understand and implement solutions which provide both work flow efficiency and risk control.

Keys to implementing front office and back office solutions are determining what infrastructure is in place to support securities processing. We assist clients in understanding these dynamics and working cross functionally to achieve intended results.

Service Overview

We provide business and technology services ranging the full project lifecycle. We can partner with our clients’ vendors to evaluate and implement or work with clients to build or extend current capabilities.

STRATEGY

  • Business Case Development
  • Facilitated Workshops
  • Process Improvement Road Map

EVALUATION

  • Buy vs. Build
  • Current vs. Future State (root cause analysis)
  • Vendor Evaluation
  • Vendor Gap Analysis

IMPLEMENTATION

  • Process Flows and Business Analysis
  • Business Rules and Data Mapping
  • Integration with partners and downstream systems
  • Test Strategy, Plan, and Execution
  • Change Management, Training, and Knowledge Transfer

Previous Consulting Engagements

  • Top tier alternative investment firm engaged STP in global regulatory reporting and enterprise data management project utilizing Markit EDM.
  • Top tier investment firm engaged STP in implementing BlackRock Solutions' Aladdin platform.
  • Top tier investment firm engaged STP in determining their strategy to automate their corporate actions process and provide insight on data and applications vendors' solutions.
  • Niche investment firm required a review of their middle and back office processes, determine gaps with outsourcing provider, write requirements to fill gaps, and determine new operational model.
  • Top tier investment firm required corporate actions vendor gap analysis, process review and mapping, application configuration, integration, testing, operational change management and training, custodian analysis and integration, and portfolio management training and rollout.
  • Top tier investment firm required functional evaluation of corporate actions vendors for Pasadena, NYC, and London operations teams.
  • Top tier investment firm engaged STP to lead operational review of corporate actions process, geographic relocation of operations to NYC, and training.
  • Large service provider engaged STP for operational analysis and implementation of new corporate actions application to support the development of a new global wealth management platform for outsourcing services (eventual replacement of Trust3000).
  • Top tier investment firm required consulting services to address business strategy and vendor evaluation for a full lifecycle corporate actions solution.