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GSTPA

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AcronymDefinition
GSTPAGlobal Straight Through Processing Association


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100 billion of SWIFT traffic goes through Mercator daily; 40% of London securities transactions are powered by Mercator; eight of the 12 GSTPA pilots that chose a vendor solution selected Mercator; and 100 international banks, 70 investment managers, 40 broker dealers and 10 global custodians rely on Mercator for Straight Through Processing (STP).
100 billion of SWIFT traffic goes through Mercator daily; 40% of London securities transactions are powered by Mercator; Eight of the 12 GSTPA pilots that chose a vendor solution selected Mercator; and 100 international banks, 70 investment managers, 40 broker dealers and 10 global custodians rely on Mercator for Straight Through Processing (STP).
Janet Lewis, managing director for SunGard Business Integration's US region commented, "We were delighted to provide Harvard Management Company with the robust and cost-effective SWIFT ASP solution they sought for ISO 15022 migration and look forward to helping them further with the next phase of their STP initiative, which includes use of MINT for the FIX protocol, integration with other applications and future connectivity to Omgeo and GSTPA matching utilities.
 
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