Sun, Jul 5, 2015
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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner