Straight through processing (STP) is the complete streamlining and automation of an entire foreign-exchange trade cycle, i.e. the removal of all manual intervention.5 E-forex portals have focused on streamlining the middle and back offices.
Case study 5.3
Atriax, part of GE, is fully integrating its dealing engine with Fxpress, its risk management
Case study 5.4
Sara Lee de, the €6 billion subsidiary of the consumer goods firm, are running a project with Currenex to improve the way internal forex trade requests are collected and managed. It plans to automate the front, middle and back offices by building an interface with the treasury management system, which will automate the settlement of trades.
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