Omgeo has published an account of an industry roundtable, which it says outlines why STP is a growing issue for both fund managers and trustees
The report, entitled ‘Should Fund Managers Care About STP?’ looks at the results of a recent roundtable event, hosted by Omgeo in January this year, examining current sentiment from the fund management community regarding STP. The event also gauged the opinions of the trustee community, including the importance of monitoring fund manager performance and achieving better returns with lower fees and commissions. The STP issues discussed included the benefits of STP for clients, the need to remain competitive, driving profitability and next steps needed.