EnterpriseFTX™ Straight Through Processing (STP) – Financial institutions implement STP to reduce costs by eliminating manual processes, costly reconciliation, and non-automated communication channels. EnterpriseFTX“ STP enables them to do this in a rapid, cost-effective manner.
STP Support – The EnterpriseFTX™ Suite provides the groundwork for sending and receiving messages electronically from the front- to the back-office. The EnterpriseFTX architecture offers the greatest ROI and fastest time to market across multiple systems.
System Connectivity – The EnterpriseFTXTM’s STP Application enables an FI to set up one channel of communication with all global custodians and broker-dealers for post-trade processing, including trade confirmation, settlement, and portfolio accounting information. STP will provide interoperability between investment managers, broker-dealers, and custodians very early in the trade processing cycle.
Benefits:
- Streamlined settlement processing and cost savings
- Minimize manual intervention
- Consolidated front and back office
- Simplified risk managements
- Rapid time to market facilitated through the EFTX Workbench
Secure, scalable, simple: EnterpriseFTX™ was built to leverage a financial institutions current investment and runs on standard application servers and infrastructure. EnterpriseFTX™ also integrates seamlessly with today s most popular security software packages providing single sign on functionality and comprehensive security.
Independent Architecture: EnterpriseFTX Applications are completely data driven and is 100% java allowing for portability and advanced functionality. EnterpriseFTX is also platform independent enabling the support for Windows, Unix and Linux.
The Challenge: Integration Often, the most difficult, time consuming, and costly part of deploying an Application is not in the deployment of the system itself, but in the challenges of back-end integration. Many times, financial institutions have to connect these systems to varied, disparate back-ends or to outside service providers. Until now, the only real solution was to initiate extensive and time consuming consulting engagements that require programming to connect the many disparate back-end systems that exist at today’s financial institutions.
The answer: EFTX Workbench; EEI’s proprietary technology is the first and only graphic interface specifically designed to eliminate the need for coding in order to connect to back-end systems and deliver integrated application communication
