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synopsis

The Straight Through Process Booking Feed (or STP Booking Feed) is a MarketFactry service that can be used in collaboration with Whisperer. The STP Booking Feed allows users to automatically enter trades into back-office systems, databases and applications, using the Whisperer platform, or by the export of these trades to external platforms dependant upon the customer's requirements.

The primary purpose of the STP Booking Feed is to optimise the speed at which transaction processing can be completed. By allowing information to pass along electronically, this eliminates the need for manual entry of data that would have been completed by a dropcopy source. Additionally, information can then be sent to more than one party simultaneously if it is appropriate/or required for the transaction type.