skip to main content

OpenText Straight Through Processing (STP) for Securities

Automate key business flows in securities, funds and cash processing and allow teams to focus on exceptions and high risk transactions.

Learn More About How OpenText Can Help You

  • Overview
  • Resource Center

Overview

Welcome to OpenText Straight Through Processing (STP) for Securities

Your bank, fund company, or busy finance department processes hundreds of thousands of transactions a day. Scale that out to your customers and trading partners and that number increases exponentially.

With that many daily transactions you need to have up-to-date, accurate information on what’s going on in your networks as well as secure and easy access for customers who have trusted you with their processing.

End to End Processing Solution

OpenText™ Straight Through Processing (STP) for Securities is a complete product suite that provides end-to-end processing workflow support for securities, funds, integrated payments, wealth management, and many other critical financial activities. The platform provides transparency to your clients, reduces errors, shortens transaction processing cycles, and lowers operational risk. Our web-based portal provides precise insight into everything going on so that you and your customers can focus on exceptions, the highest risk transactions. The portal is a secure and flexible means of delivering a client-centric “look” into the process.

Flexibility is key

OpenText STP for Securities is a flexible Software as a Service (SAAS) workflow engine, that is as at home supporting FIX-based & ISO15022/ISO20022 order flows and converting orders into settlement instructions, as it is supporting subscription, redemption, switch & transfer orders of collective investments with transfer agents worldwide.

Controlled, secure, robust

OpenText STP for Securities implements multilevel maker/checker functionality enabling a customizable approval process based on your needs. Entitlements are configurable, so your environment is super flexible, but super controlled. STP sits atop a state of the art workflow manager that supports multicurrency, multiproduct, fully integrated processing. All this is delivered in a flexible, cross-browser-compatible, zero-install manner.

Transparency for you and your clients

The OpenText STP for Securities live dashboard provides transaction summaries that allows tracking of pending activities and quick access to those pesky exceptions. The dashboard has easy navigation to the most-used items, under “quick links”. The portal’s flexibility allows users to enter instructions manually, while also offering file upload and pre-populating options to decrease time and data entry errors. Alongside that is an automated submission process accepting messages in a host of formats driving business today.

Next generation user interface

Transaction monitoring features real time tracking through a modern user interface. The clean blotter layout allows you to view multiple activities at one time. Active alerting allows users to “un-tether” until needed. 

All of this is hosted by OpenText as a SaaS model and integrates with your existing systems quickly, leaving you with no extra overhead and protected by OpenText security and our 24x7 technical support.

OpenText STP for Securities removes the guess work and heavy lifting from your businesses transactions and lets you focus on doing your job. Its ease of use will save you and your customers time and money.

Straight Through Processing (STP) for Securities banner

Learn more about the ways you can use OpenText STP for Securities to transform your process or download more information in the Resource Center.

Settlement Portal

Providing clients with access to their data, the ability to see transactions progress toward settlement, to stay on top of potential fails and to direct funds as needed, all from within a cloud-based delivery state-of-the-art platform providing you peace of mind. Leveraging the platform as your client data delivery mechanism gives your clients a share of your peace of mind. OpenText STP Settlement Portal supports a wide range of asset classes including equities, fixed income, mutual funds, hedge funds, Exchange Traded Funds (ETFs) and alternative investments. In addition to supporting securities transactions, the portal delivers a flexible interface for managing related instructions for money movements.

  • Automated generation of settlement
  • STP provides transparency to clients, reduces errors, shortens the time to process corrections, speeds transaction processing, and lowers operational risk. 
  • OpenText Settlement Portal supports risk mitigation and efficient processing by delivering a user front end that is tuned to the specific needs of custody clients.
  • OpenText Settlement Portal is offered as Software-as-a-Service (SaaS). 
  • Implementation of the application is fast and easy as OpenText will work to tightly integrate the settlement portal with your existing infrastructure. 

Message Management

Mitigates messaging protocols as wide ranging as cash movements and securities movements, FIX vs SWIFT vs sFTP. Via a dashboard you can monitor the traffic and focus on exceptions to quickly adjust to minimize risk in your workflows.

  • Risk is mitigated via an exposed message and interface monitoring tools and a portal, allowing for a clear view into message activity and operational flows.
  • This Service is offered in a Software-as-a-Service (SaaS).
  • Implementation of the application is fast and easy as OpenText will work to tightly integrate our solution with your existing infrastructure.

Middle Office Management

Middle Office supports global message flows in a wide range of formats including FIX and SWIFT as well as supporting file-based client interfaces and providing a web-based Middle Office portal capability that can be used either internally by your middle office operations team or your client. From Order flows through the allocation and confirmation process, Middle Office delivers efficiency and process standardization.

  • Risk mitigation in an easy to integrate platform: multiple standards-based interfaces supported, including the most used for middle office activities.
  • Risk is further mitigated via the exposed message and interface monitoring tools and portal, allowing a clear view into message activity and operational flows.
  • This Service is offered in a Software-as-a-Service (SaaS).
  • Implementation of the application is fast and easy as OpenText will work to tightly integrate our solution with your existing infrastructure.
  • Implementation of the application is fast and easy as OpenText will work to tightly integrate the settlement portal with your existing infrastructure. 

Resource Center

Resources

  STP for Funds Solution Overview - Targeted to investment managers looking for an efficient workflow management and messaging platform to support their fund order processing needs. The platform provides a flexible workflow engine for all funds placement and related activities while maintaining both standard and proprietary counterparty interfaces.

  STP Settlement and Payment Portal Solution Overview - A web-based portal that enables their clients to submit settlement instructions, monitor transaction life cycles, and facilitate wire transfer and foreign-exchange activities. The portal offers exception management, proactive alert notifications, and configurable reporting features designed to minimize the risk of settlement failure.

  STP Execution to Settlement Solution Overview - STP Execution to Settlement offers detailed exception management, proactive alert notifications, and configurable reporting features that help to minimize the risk inherent in day-to-day securities operations that can lead to settlement failure. The result is that clients gain an end-to-end view of transaction flows that allows better control over their capital market investments.

  STP for Message Management Solution Overview - Message Management supports global message flows including interfaces for foreign-exchange execution, as well as connections to execution venues for equity, fixed income, and other tradable assets. Whether via FIX, SWIFT, or file, OpenText STP for Securities – Message Management understands the details and initiates the appropriate business flows.

  STP for Securities Middle Office Solution Overview - Middle Office is targeted to custodians, trust companies, and global market participants looking to provide an effective messaging management platform to their middle office teams. It provides a management blotter and workflow that enhances the control environment for middle-office activities, while maintaining both standard and proprietary client interfaces.

Customer Success Stories

Genpact logo

Genpact

One of the key considerations for us was to look for a partner who was an expert in the trade processing space and who can really give us that quick time-to-market.

Read more

Product: OpenText Business Network Straight-Through Processing (STP) for Securities