Wed, Sep 20, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Wells Fargo’s Real STP offers all asset class, real time, intra-day operational visibility

Friday, March 01, 2013

amb
Stuart Feffer
by Beverly Chandler, Opalesque London:

In an interview with Opalesque, Stuart Feffer, co-head of Wells Fargo Global Fund Services explained that the new Real STP offering from Wells Fargo is a straight through processing front end system which gives clients real time, intra-day operational visibility into trades, settlements, cash and collateral management activity for clients who use their middle office/operational services. "We have an extensive middle office/operational services offering that covers a wide range of asset classes in real time" Feffer said. The new system also includes an enhanced investor portal for all clients, allowing investors in funds serviced by Wells Fargo to have improved online access to their information.

Additional releases, scheduled throughout the remainder of the year, will add an enhanced accounting dashboard, with real-time accounting information updates, additional collateral management data, enhanced cash flow forecasting, operational trend analysis, reconciliations, and month-end status. Clients already have access to real-time workflow for their OTC derivatives processing and this will be further integrated in an upcoming release.

"Trade capture through profit/loss is the easy part," said Feffer, co-Head of Wells Fargo’s Global Fund Services group. "RealSTP provides our clients with true straight-through-......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutions - Canada's pension funds lever up[more]

    From Institutionalinvestor.com: Canadian pension plans are among the most admired institutional investors for their prowess as money managers. Now pension plans in Canada are upping the ante, increasingly issuing long-term bonds and using the borrowed money, or leverage, to try a

  2. Manager Profile - The three quants in their 20s running a hedge fund making $1 billion of trades daily[more]

    From Forbes.com: In an office overlooking downtown Boston, the views are partially obscured by math formulas and technical drawings that have been scribbled on the windows. Wearing a T-shirt with the words "machine earning" printed on it, Luca Lin says the formulas are being developed to help trade

  3. News Briefs - Iron Cove Partners launches hedge fund manuscript management & professional liability insurance policy, Private equity, hedge funds eye bizav financing market. Blue Capital halts ILS fund buy-backs as hurricane Irma approaches[more]

    Iron Cove Partners launches hedge fund manuscript management & professional liability insurance policy Iron Cove Partners, a national insurance brokerage specializing in the needs of the alternative asset management community, today announced the launch of its newest insurance product, th

  4. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  5. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De